June 16, Tuesday ETH Morning Outlook

Based on the latest data up to June 16, 2026, Ethereum (ETH) is performing extremely strongly today, with market sentiment leaning optimistic. The price has broken through $1,800 and is currently stable between $1,791 and $1,841, with a 24-hour increase of over 9%, triggering approximately $631 million in liquidations across the network, with short positions totaling $534 million in liquidations, indicating strong upward momentum. From a technical perspective, the daily MACD has formed a golden cross, and the RSI is in a strong zone between 60 and 70. The current main support levels are at $1,700 to $1,760, with resistance at $1,850. A breakout above could see prices aiming for $1,900. It is important to note that the futures market is highly volatile; be sure to set stop-loss orders, such as exiting decisively if falling below $1,650, and strictly control leverage positions.
Trading suggestion: wait for a pullback to $1,730–$1,760, target $1,800; break above that to see $1,850; if not, reverse $BTC position.