đź‘€ Possible scenario:
The crypto market fell on June 17, with only 10 of the top 100 coins in the green. Total market cap dropped 2.1% to $3.45T, while trading volume surged to $118B. Ethereum (ETH) slipped 1.7% to around $2,550, retreating from an intraday high of $2,672. ETH is now attempting to reclaim the $2,610 level.
Fundamentals remain strong: U.S. spot Ether ETFs continue to accumulate ETH, with BlackRock’s ETHA holding nearly $650M. Staking yields, tokenized real-world assets, and DeFi infrastructure are also driving momentum.
However, June has historically been bearish for ETH. Data from CryptoRank shows it’s Ethereum’s second-worst month on average, with only three green Junes in 10 years. Analysts warn a drop below $2,500 could send ETH to $2,000 — but many still expect a rally to $3,500–$6,000 in the long term.
âś…Support and Resistance Levels
Support level is now located at 2,390.00.
Now, the resistance level is located at 2880.00.
The crypto market fell on June 17, with only 10 of the top 100 coins in the green. Total market cap dropped 2.1% to $3.45T, while trading volume surged to $118B. Ethereum (ETH) slipped 1.7% to around $2,550, retreating from an intraday high of $2,672. ETH is now attempting to reclaim the $2,610 level.
Fundamentals remain strong: U.S. spot Ether ETFs continue to accumulate ETH, with BlackRock’s ETHA holding nearly $650M. Staking yields, tokenized real-world assets, and DeFi infrastructure are also driving momentum.
However, June has historically been bearish for ETH. Data from CryptoRank shows it’s Ethereum’s second-worst month on average, with only three green Junes in 10 years. Analysts warn a drop below $2,500 could send ETH to $2,000 — but many still expect a rally to $3,500–$6,000 in the long term.
âś…Support and Resistance Levels
Support level is now located at 2,390.00.
Now, the resistance level is located at 2880.00.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.