As of June 21, 2026, Ethereum (ETH) is fluctuating between $1,700 and $1,750, with a mild rebound over the weekend but the medium-term trend remains weak. $1,700 is the current key psychological support level, and specific strategies depend on your trading style:

📈 Aggressive short-term: Light positions for long entries (quick in and out)

· Entry: Light positions on pullback to the $1,705-$1,728 range, with strict stop-loss.
· Stop-loss: $1,678 (a break below indicates a failed rebound).
· Take profit: $1,760** (first resistance), after breaking through, look at **$1,772-$1,800.

📉 Steady trend-following: Rebound to short (aligning with medium-term trend)

· Entry: Enter when the rebound is resisted at $1,740-$1,760 (this level coincides with the 7-day/20-day moving averages).
· Stop-loss: Above $1,782-$1,800; a break above would break the short-term bearish pattern.
· Take profit: $1,680-$1,620; if broken, look toward the previous low at $1,520.

⚠️ Core risk warning

· Medium-term bearish: ETH is far below the 100/200-day moving averages ($2,100+), ETH/BTC ratio drops to 0.027 (near two-year lows), funds favor Bitcoin more.
· Fundamental bearish signals: Ethereum Foundation faces funding shortages and talent drain risks; spot ETF continues to see net outflows.
· Macro headwinds: Fed’s “hawkish” signals and escalating Middle East tensions suppress risk appetite.

Recommend light positions and strict stop-loss, wait for clearer directional signals next week. The above is only technical analysis and does not constitute investment advice; please make rational decisions. #感谢关注︱互动︱评论︱转发