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Ethereum Today Analysis 2026.6.5
ETH is still oscillating after the sharp decline, with a strong bearish range between 1800-1700
Resistance levels: 2400, 2060, 2030 Support levels: 2000, 1960, 1800
Long entry: Consider going long around 1630, add positions around 1600
Stop loss: Break below 1580 effectively
Take profit: Around 1700, long positions are not recommended for a pattern
Short entry: Establish short positions around 1820, add positions around 1850
Stop loss: Break above and stabilize at 1880
Take profit: First take profit around 1730, reduce positions during a smooth decline, remaining positions can look at around 1700