Ethereum (ETH) fell to $1,883 on Tuesday, reversing a multi-day upward trend that had seen the asset climb from recent lows.
The price decline of approximately $83 from the previous session's level of $1,966 marks a pause in the momentum that had driven the cryptocurrency higher earlier in the week.
The $1,850 level, which served as a breakout point earlier in the week, is being monitored as key support.
The pullback follows a period of steady appreciation, with ETH trading at $1,889 on Thursday and $1,880 on Sunday.
The asset had gained substantial ground over the preceding days, recovering significantly from earlier lows before encountering resistance near the $1,970 mark.
Market participants are now watching for signs of whether this dip represents a short-term correction or the start of a broader consolidation phase.
The $1,850 level, which served as a breakout point earlier in the week, is being monitored as key support.