As of June 21, 2026, Ethereum (ETH) has been fluctuating around $1,730, with a mild rebound over the weekend, but overall still in a mid-term bearish trend.

⚠️ Key Background (Bearish Bias)

· Technical: Price is well below the $2,100+ 100/200-day moving averages, ETH/BTC ratio has fallen to a near two-year low.
· Fundamental: Ethereum Foundation faces risks of “funding depletion” and talent outflow; spot ETF continues to see net outflows.

📊 Two Trading Strategies

· Aggressive Short-term Long (Playing the rebound): If the price retraces to $1,705-$1,728 and stabilizes, consider a light position, targeting $1,760** (first resistance) or **$1,772, with a strict stop loss below $1,678. This is a contrarian move with higher risk.
· Conservative Short (Following the trend): If the price rebounds to the $1,740-$1,760 range and faces resistance, or if it effectively breaks below $1,680**, consider shorting, targeting **$1,620 or even $1,520**, with a stop loss above **$1,782**.

Key Levels

· Strong Resistance Above: $1,740 - $1,800 (breaking this may change the bearish pattern).
· Lifeline Below: $1,700 - $1,680 (a volume-driven breakdown could open downside space).

💡 Core Risks
Weekend liquidity is low, compounded by hawkish signals from the Federal Reserve and macro headwinds like Middle East tensions, increasing the risk of sudden price spikes. Please trade lightly, set stop losses, and wait for clearer signals next week.

The above analysis is for reference only and does not constitute investment advice. Please make rational decisions. #感谢关注︱互动︱评论︱转发