Ethereum Daily Analysis: ETH Under EMA Stack Pressure at $1,755
Market Overview ETH/USDT is trading at approximately $1,755.96 as of July 8, 2026, sitting beneath a cluster of short-term resistance formed by the EMA7 ($1,757.37), EMA20 ($1,767.83), and EMA50 ($1,772.59) on the 1-hour chart — a bearish EMA stack that reflects fading near-term momentum following a notable recovery from the mid-$1,500s. On the daily timeframe,…
