As of June 25, 2026, Ethereum is in a weak downward pattern, trading around $1,580 - $1,620. This decline is mainly driven by the pullback in US tech stocks, leverage cascading, and news of significant layoffs at the Ethereum Foundation.

Key Reference Levels

· Upper resistance: $1,660 - $1,680 (short-term strength/weakness dividing line); $1,760 - $1,800 (strong resistance zone).
· Lower support: $1,550 - $1,600 (core defense zone); if lost, may further decline to $1,500** or even **$1,430.

Today's Strategy Approach
The current trend is still dominated by bears, with limited bounce strength:

· Shorting as the main approach (with the trend): If the price bounces to around $1,620 - $1,660 and meets clear resistance, you can try a small short position, targeting $1,570 - $1,550, with a stop loss above $1,680.
· Counter-trend long (cautious): Only when the price near $1,550 - $1,600 shows clear stabilization signals, aggressive traders may consider a small long position, with strict stop loss.
· Cautious observation: If the price oscillates narrowly between $1,600 - $1,660, it is recommended to wait and see until the direction is clear.

Key Focus
Ethereum ETFs have seen net outflows for several consecutive days, and there is a large options expiration on June 26, which may further increase short-term market volatility. Operations must strictly control position risk.#以太坊 #比特币