As of June 20, 2026, Ethereum (ETH) is weakly oscillating around the $1,700 level. Although there is a slight short-term rebound, the overall market remains bearish, and the main strategy is to sell on rebounds.

📊 Key Market Signals

· Price Range: Currently weakly oscillating between $1,680 and $1,720.
· Bull-Bear Boundary: $1,730 - $1,800 is a strong resistance zone, with moving averages and trendlines converging to suppress, making a trend reversal difficult before a breakout.
· Support Levels: If the price breaks below $1,680**, it may test the June lows at $1,620 or even $1,520.
· Capital and News Factors: Spot ETF continues to see net outflows, and bearish news such as Arthur Hayes selling at a loss and senior management changes at the foundation have shaken market confidence.

📈 Today's Trading Strategy Reference

· Rebound Selling (Main Strategy): If the price rebounds to the $1,720 - $1,740 zone and encounters resistance, consider light short positions targeting $1,680 - $1,620, with a stop-loss set above $1,760.
· Break-Down Follow-Through Short: If volume breaks below $1,680**, follow with light positions, targeting $1,620 or even $1,520.
· Defensive Long (High Risk): Only consider light long positions on a volume breakout and stabilization above $1,800**, with tight stop-loss below $1,740.

⚠️ Risk Reminder

Market liquidity is low over the weekend, and prices are prone to amplified volatility. Be sure to set stop-loss orders, control position sizes, and recognize that chasing gains in the current environment carries high risk. The above analysis is based on current market information and does not constitute direct investment advice. Please make decisions cautiously according to your risk tolerance. #感谢关注︱互动︱评论︱转发