$1550 ETH, did you cut your losses?

Fallen from $4950 to $1550, a 68% crash, market cap evaporated by $300 billion. The ETF just ended 17 consecutive outflows, institutions are still on the sidelines, and the Federal Reserve is shouting "possible rate hikes"—but just last night, Tom Lee’s BitMine bought a crazy 60k ETH ($126 million), pushing the price from $1506 stubbornly back up to $1560.

First look at the surface: it’s a total crash, but someone is picking up the pieces.

In the past 24 hours, the lowest hit was $1506, with over 10% volatility, trading volume exploded to 35 billion (panic selling dominates). Monthly RSI hit a record low, weekly RSI repeatedly rejected by the MA200, candlesticks forming a classic bear flag—don’t catch the falling knife.

First thing: while you panic and cut losses, whales are sweeping up.

Last night, ETH dropped to $1506, with $240 million liquidated across the network—all long positions.

Tom Lee’s BitMine bought 60k ETH, worth $126 million.

Also, Ethereum co-founder Joseph Lubin transferred 80k ETH from related wallets—not selling, just reallocating.

Second thing: fundamentals haven’t changed, only your sentiment.

Glamsterdam’s Q3 upgrade is coming, gas fees will drop 78%, TPS mentioned to reach ten thousand. Pectra has already gone live, staking efficiency is higher. L2 TVL is $17.9 billion, RWA tokenization continues to grow.

But why isn’t the price rising?

Because 10-year US bonds yield 4.43%, CPI is 3.8%, and the Fed isn’t cutting rates.

High interest rates = funds go into bonds, not crypto. This isn’t an ETH problem, it’s the macro environment strangling risk assets.

Third thing: a radical technical signal has appeared.

Monthly RSI hits a historic low—lower than the bottom of the 2022 bear market.

Extremely oversold. But in a bear market, “oversold doesn’t mean rebound,” it might continue to oversell.

Bull-bear showdown, you decide.

One side says:

- Whales are aggressively sweeping at $1500–$1600

- Glamsterdam’s Q3 upgrade is happening, gas fees down 78%

- Monthly RSI at historic lows, strong rebound demand

- 30% of ETH staked, circulating supply continuously decreasing

The other side says:

- ETF just ended 17 consecutive outflows, institutions haven’t returned

- CPI at 3.8%, the Fed might hike again

- Weekly MA200 is holding tight

- June is historically the weakest month, still falling

Key level at $1550, just $250 away from the critical $1300 line.

Resistance above: $1810 → $2015 → $2743

Support below: $1500 → $1300 → $100

Short-term players:

Wait for a rebound to $1810–$1850 before considering shorting, or just watch. The only buy signal: a volume-driven bullish candle reclaiming $1600 and holding steady.

Aggressive traders: only small positions below $1500, aiming for a rebound, with a stop-loss at $1300, position size ≤10%.

Swing traders:

$1300–$1600 is a historic DCA zone. Buy every $100 drop, don’t go all-in at once. Before Glamsterdam’s upgrade, target a rebound over $2000.

Long-term believers:

Close the app, dollar-cost average weekly below $1500. End-of-2026 target: $4000–$7500, betting on rate cuts + upgrades + institutional staking ETFs.

Survival is more important than bottom-fishing.

ETH’s current situation is like June 2022 at $880—

Everyone was saying “this time is different, Ethereum is going to zero.”

And the result?

Every bull run, it’s always the cruelest way to make you doubt everything. #分享美股交易赢英伟达股票 #预测NBA总冠军赢20,000U $BTC $ETH $SOL