Coin Analysis: Ethereum

As the second-largest asset by cryptocurrency market capitalization, Ethereum (ETH) has been relatively weak in recent performance. After reaching a high in 2025, it has faced a double blow from the U.S. Federal Reserve maintaining high-interest-rate expectations and ongoing outflows from spot ETFs. Currently, the price is trading around $1,670, and the ETH/BTC trading pair has also slipped to historic lows.

Cycle Phase: It is currently in a medium-term deep correction and a bottoming phase.

Support and Resistance: The key psychological support level below is $1,500—if it breaks, prices could dip further. The important resistance range above is $1,850 to $2,000.

Market View: Because the major upgrade “Glamsterdam,” originally scheduled for June, has been postponed to the third quarter, there is a lack of short-term catalysts. In addition, the AI sector has siphoned off speculative capital, which has prolonged the time it takes for ETH to shake out weak positions. However, on-chain whales have shown signs of accumulating at lower levels, and the fundamentals—anchored by its long-term position as the leading smart contract platform—remain solid.

Disclaimer: This article is for reference only and does not constitute investment advice. Cryptocurrencies involve a high level of risk. Please make sure to conduct your own research and evaluate carefully before investing.

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