As of June 19, 2026, the Ethereum (ETH) market is in a predominantly bearish sideways downward trend. As of early this morning, ETH has fallen from a high of $1,745, with a low of approximately $1,672, currently consolidating weakly around $1,685.

The core trading strategy recommends mainly shorting on rebounds and cautiously participating in bottom-fishing. Below are key levels and strategic references:

Key Price Levels

· Immediate resistance: $1,745–$1,758 (recent decline starting point and hourly chart resistance).
· Core resistance zone: $1,840 (key bull-bear dividing line), $1,900–$1,950.
· Support below: $1,700–$1,725 (important psychological level), $1,650, $1,580.
· Deep support: $1,505 (recent crash bottom).

Specific strategies for today

· Short-term shorting (main theme): If the price rebounds to around $1,745–$1,758 and faces resistance without breaking through, consider light short positions. Targets downward are sequentially $1,700–$1,725, and if broken, then $1,650. Stop-loss can be set above $1,765.
· Betting on a rebound (requires extreme caution): If the price drops sharply below $1,680, only aggressive traders should attempt light positions with strict stop-loss (e.g., below $1,650).
· Position and risk control: Given the current market volatility, it is recommended to keep single-asset positions within 15%–20%, with each trade risking less than 2% of total assets. Be sure to set stop-loss to avoid holding through adverse moves.

⚠️ Core risk warning

1. Macro policy suppression: The Federal Reserve has recently taken a firm stance, and the market is pricing in a “zero interest rate cut” expectation for 2026, continuously suppressing risk assets.
2. Market sentiment is extremely panic-driven: The cryptocurrency fear and greed index has fallen to 15 (extreme fear), with ongoing capital outflows, and spot ETF signs of reversal are absent.
3. Any volume-reducing rebound now is more likely to be a “trap rally” or a continuation of decline, rather than a trend reversal.

This analysis is based on current technical and market sentiment and does not constitute investment advice. Please make cautious decisions based on your own risk tolerance. #感谢关注︱互动︱评论︱转发