As of today (June 25, 2026), Ethereum (ETH) has fallen below the key level of $1,600, and the market is in a clear bearish weak pattern.

📉 Current Market: Weak Repair After Breakdown

· Real-time price: approximately $1,585 - $1,591, down over 4% in 24 hours.
· Key background: The ETH/BTC exchange rate has fallen to 0.027, a nearly two-year low, with funds clearly flowing to Bitcoin as a safe haven, causing ETH to follow declines but not gains.

🧭 Today's Key Levels and Strategy

Technically, it shows a typical bearish arrangement, with shorting on bounces being the main theme. Be sure to trade with light positions and tight stop losses.

· Upper strong resistance (shorting reference): $1,660 - $1,680. If the price rebounds to this level with insufficient volume, it can be considered a short opportunity. Further strong resistance zone is at $1,720 - $1,766.
· Lower key support: $1,603 - $1,616 (short-term defense line; if lost, will accelerate decline); $1,547 - $1,505 (mid-term core defense zone).

⚠️ Special Attention (Today's Variables)

1. Option expiry: There is a large option expiry on June 26, often accompanied by sharp volatility. Pay attention to risk management.
2. Potential variable: On-chain data shows a whale address withdrew ETH worth $58.3 million during the decline, suggesting large players are positioning, which could bring some uncertainty to the market. #感谢关注︱互动︱评论︱转发