$NVDAB ETH/USDC | Market Update - 1 Jul 2026*
*Current Price*: $1,591.13 (+0.11% 24h)
*24h Range*: $1,548.21 - $1,602.40
*24h Volume*: 163.72M USDC
*Market Trend*: Neutral / Bearish Under MA60
ETH is at $1,591.13, just below MA60 at $1,592.63 after a steady climb from $1,548.21. Price pressing the falling 60MA = relief rally, but trend still down until flip.
*Key Levels*
*Support*: $1,591.13 - $1,548.21. 24h low demand zone. Hold this = bounce structure intact.
*Resistance*: $1,592.63 - $1,602.40. MA60 + 24h high supply. Break $1,592.63 = short squeeze setup.
*Trader Insight*
ETH showing "recovery into resistance" setup. Bottom at $1,548.21 → green grind to $1,591.13, stalling under MA60 $1,592.63. Order book is 45.70% bids vs 54.30% asks = slight ask bias = sellers waiting at $1,592+. ETH needs to reclaim $1,592.63 to neutralize bearish pressure. Lose $1,548.21 = $1,520 retest opens. Today +0.90% vs 30-day -20.40% = bounce in a downtrend, 1-year -36.01%.
Not financial advice. MA60 $1,592.63 is the line in the sand for ETH.
#ETH #Ethereum #CryptoMarket #MA60
*Current Price*: $1,591.13 (+0.11% 24h)
*24h Range*: $1,548.21 - $1,602.40
*24h Volume*: 163.72M USDC
*Market Trend*: Neutral / Bearish Under MA60
ETH is at $1,591.13, just below MA60 at $1,592.63 after a steady climb from $1,548.21. Price pressing the falling 60MA = relief rally, but trend still down until flip.
*Key Levels*
*Support*: $1,591.13 - $1,548.21. 24h low demand zone. Hold this = bounce structure intact.
*Resistance*: $1,592.63 - $1,602.40. MA60 + 24h high supply. Break $1,592.63 = short squeeze setup.
*Trader Insight*
ETH showing "recovery into resistance" setup. Bottom at $1,548.21 → green grind to $1,591.13, stalling under MA60 $1,592.63. Order book is 45.70% bids vs 54.30% asks = slight ask bias = sellers waiting at $1,592+. ETH needs to reclaim $1,592.63 to neutralize bearish pressure. Lose $1,548.21 = $1,520 retest opens. Today +0.90% vs 30-day -20.40% = bounce in a downtrend, 1-year -36.01%.
Not financial advice. MA60 $1,592.63 is the line in the sand for ETH.
#ETH #Ethereum #CryptoMarket #MA60