Based on the recent price action leading up to June 2026, $ETH (ETH/USD) is currently attempting to build a short-term bottom after suffering a sharp market correction that dragged it down from higher distribution zones. The price broke aggressively below its 50-day Moving Average (blue line), hitting a major local bottom near $1,505 before staging a relief bounce back toward the $1,650–$1,680 range. While the ultimate line of defense rests at the psychological $1,500 support level, the long-term trend remains dependent on keeping daily candle closes above the 200-day Moving Average (orange line). To confirm a sustainable bullish reversal rather than a temporary relief rally, buyers must reclaim the previous breakdown levels at $1,800 to $1,900, which now serve as heavy overhead supply and resistance
ETHUSDT
دائم
1,704.68
-1.79%