Ethereum price risks $1,500 as ETF outflows pressure $ETH

#Ethereum remained under pressure on June 12 as geopolitical risk, ETF outflows, and weak technical structure kept ETH close to key support.

Ethereum traded near $1,652 as ETF outflows and macro pressure kept buyers cautious.

Spot Ethereum ETFs lost $15.89 million on June 11, extending outflows for three sessions.

Analysts remain split as MVRV bands suggest accumulation while charts show a weak downtrend.