Ethereum (ETH) entered July 2026 trading around $1,570, near multi-month lows, after posting its first run of three consecutive red quarterly candles. According to BeInCrypto, Glassnode data shows active addresses falling to roughly 420,000 on a 14-day average from about 795,000 in early February 2026, while addresses holding 1,000 to 10,000 ETH spiked in late June.

CoinGlass data cited by analyst Ted Pillows shows ETH fell 28.28% in Q4 2025, 29.26% in Q1 2026 and 24.77% in Q2 2026. BeInCrypto said $1,500 and $1,753 are key levels, with a break below $1,500 risking $1,200.