Ethereum has been under pressure across higher and lower timeframes over the past few weeks. While the price has staged a relief bounce from recent lows near $1.5K, the broader structure continues to favor sellers as ETH trades beneath major moving averages and inside a long-term descending channel. At the same time, exchange reserve data continues to trend lower aggressively, suggesting persistent supply withdrawal from centralized exchanges despite the weak price action.<\/p>\n
On the daily timeframe, ETH remains trapped inside the long-term descending channel that has governed the price action for several months. The recent rebound from the $1.5K support zone allowed buyers to recover part of the latest selloff. However, the bounce has so far failed to alter the broader bearish market structure.<\/p>\n
The most important resistance sits between $2K and $2.2K, which is highlighted by the confluence of the 100-day moving average and a major supply zone. A daily close above this region would be the first meaningful signal that downside momentum is shifting and could open the door toward the $2.4K highs, where the 200-day moving average also currently resides. Until that happens, ETH will likely continue to print lower highs and lower lows. The inability to reclaim the $2K-$2.2K resistance zone keeps the broader trend bearish.<\/p>\n
On the downside, the $1.5K support region remains the key level to watch. This zone recently attracted strong demand and produced the latest recovery. A breakdown below it would expose the lower boundary of the descending channel and potentially trigger another leg lower toward the $1K region. The RSI has also recovered from oversold conditions but remains below bullish territory, suggesting that the recent rebound appears corrective rather than the beginning of a sustained trend reversal.<\/p>\n
<\/a><\/p>\n The 4-hour chart shows a more constructive short-term structure. Following the sharp selloff into the $1.5K demand zone, ETH has formed a series of higher lows, supported by a rising trendline that has guided the recovery over the past two weeks.<\/p>\n The rebound culminated in a strong impulsive move toward the $1.85K decision area, where sellers quickly re-entered the market. Since reaching that level, price has struggled to push higher again and has begun consolidating beneath resistance.<\/p>\n Currently, ETH is trading near $1.75K while holding just above the short-term ascending trendline. This creates a near-term inflection point. As long as the trendline remains intact, buyers may attempt another push toward the $1.85K resistance zone.<\/p>\n A successful breakout above that area would significantly improve short-term sentiment and could accelerate a move toward the higher-timeframe supply zone around $2K.<\/p>\n Conversely, losing the ascending trendline would likely invalidate the recent recovery structure and shift focus back toward the $1.5K support area. A breakdown below that zone would restore full bearish control and increase the probability of continuation toward much lower price levels.<\/p>\n <\/a><\/p>\n Ethereum\u2019s exchange reserve continues to decline aggressively, reaching approximately 14.6 million ETH. The metric has been trending downward since mid-2025, even as the price has experienced substantial volatility.<\/p>\n A falling exchange reserve generally indicates that coins are being withdrawn from trading venues, reducing immediately available sell-side liquidity. Historically, sustained reserve declines tend to be viewed as a constructive long-term signal because they reflect accumulation and self-custody behavior among market participants.<\/p>\n However, the current divergence is noteworthy. Despite exchange balances falling to new lows, ETH remains unable to establish a bullish market structure. This suggests that macro sentiment and broader market conditions continue to outweigh the positive supply dynamics in the short term.<\/p>\n Nevertheless, if demand returns while exchange reserves remain near record lows, the reduced available supply could amplify future upside moves. For now, the on-chain backdrop remains structurally supportive, even though the technical picture still requires ETH to reclaim the $2K resistance region before a larger bullish reversal can be confirmed.<\/p>\n <\/a><\/p>\n \u00a0<\/p>\n The post Ethereum Price Analysis: Sellers Remain in Control as ETH Recovery Hits a Wall<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum has been under pressure across higher and lower timeframes over the past few weeks. While the price has staged a relief bounce from recent lows near $1.5K, the broader structure continues to favor sellers as ETH trades beneath major moving averages and inside a long-term descending channel. At the same time, exchange reserve data […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-182954","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ETH\/USDT 4-Hour Chart<\/h2>\n
On-Chain Analysis<\/h2>\n
![<\/a><\/p>\nETH\/USDT 4-Hour Chart<\/h2>\nThe 4-hour chart shows a more constructive short-term structure. Following the sharp selloff into the $1.5K demand zone, ETH has formed a series of higher lows, supported by a rising trendline that has guided the recovery over the past two weeks.<\/p>\nThe rebound culminated in a strong impulsive move toward the $1.85K decision area, where sellers quickly re-entered the market. Since reaching that level, price has struggled to push higher again and has begun consolidating beneath resistance.<\/p>\nCurrently, ETH is trading near $1.75K while holding just above the short-term ascending trendline. This creates a near-term inflection point. As long as the trendline remains intact, buyers may attempt another push toward the $1.85K resistance zone.<\/p>\nA successful breakout above that area would significantly improve short-term sentiment and could accelerate a move toward the higher-timeframe supply zone around $2K.<\/p>\nConversely, losing the ascending trendline would likely invalidate the recent recovery structure and shift focus back toward the $1.5K support area. A breakdown below that zone would restore full bearish control and increase the probability of continuation toward much lower price levels.<\/p>\n<\/a><\/p>\nOn-Chain Analysis<\/h2>\nEthereum\u2019s exchange reserve continues to decline aggressively, reaching approximately 14.6 million ETH. The metric has been trending downward since mid-2025, even as the price has experienced substantial volatility.<\/p>\nA falling exchange reserve generally indicates that coins are being withdrawn from trading venues, reducing immediately available sell-side liquidity. Historically, sustained reserve declines tend to be viewed as a constructive long-term signal because they reflect accumulation and self-custody behavior among market participants.<\/p>\nHowever, the current divergence is noteworthy. Despite exchange balances falling to new lows, ETH remains unable to establish a bullish market structure. This suggests that macro sentiment and broader market conditions continue to outweigh the positive supply dynamics in the short term.<\/p>\nNevertheless, if demand returns while exchange reserves remain near record lows, the reduced available supply could amplify future upside moves. For now, the on-chain backdrop remains structurally supportive, even though the technical picture still requires ETH to reclaim the $2K resistance region before a larger bullish reversal can be confirmed.<\/p>\n<\/a><\/p>\n\u00a0<\/p>\nThe post Ethereum Price Analysis: Sellers Remain in Control as ETH Recovery Hits a Wall<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ethereum has been under pressure across higher and lower timeframes over the past few weeks. While the price has staged a relief bounce from recent lows near $1.5K, the broader structure continues to favor sellers as ETH trades beneath major moving averages and inside a long-term descending channel. At the same time, exchange reserve data […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-182954","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/ETH-D-2-1-scaled.jpg\"){kind=link}
![<\/a><\/p>\nOn-Chain Analysis<\/h2>\nEthereum\u2019s exchange reserve continues to decline aggressively, reaching approximately 14.6 million ETH. The metric has been trending downward since mid-2025, even as the price has experienced substantial volatility.<\/p>\nA falling exchange reserve generally indicates that coins are being withdrawn from trading venues, reducing immediately available sell-side liquidity. Historically, sustained reserve declines tend to be viewed as a constructive long-term signal because they reflect accumulation and self-custody behavior among market participants.<\/p>\nHowever, the current divergence is noteworthy. Despite exchange balances falling to new lows, ETH remains unable to establish a bullish market structure. This suggests that macro sentiment and broader market conditions continue to outweigh the positive supply dynamics in the short term.<\/p>\nNevertheless, if demand returns while exchange reserves remain near record lows, the reduced available supply could amplify future upside moves. For now, the on-chain backdrop remains structurally supportive, even though the technical picture still requires ETH to reclaim the $2K resistance region before a larger bullish reversal can be confirmed.<\/p>\n<\/a><\/p>\n\u00a0<\/p>\nThe post Ethereum Price Analysis: Sellers Remain in Control as ETH Recovery Hits a Wall<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ethereum has been under pressure across higher and lower timeframes over the past few weeks. While the price has staged a relief bounce from recent lows near $1.5K, the broader structure continues to favor sellers as ETH trades beneath major moving averages and inside a long-term descending channel. At the same time, exchange reserve data […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-182954","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/ETH-4H-2-1-scaled.jpg\"){kind=link}
![<\/a><\/p>\n\u00a0<\/p>\nThe post Ethereum Price Analysis: Sellers Remain in Control as ETH Recovery Hits a Wall<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ethereum has been under pressure across higher and lower timeframes over the past few weeks. While the price has staged a relief bounce from recent lows near $1.5K, the broader structure continues to favor sellers as ETH trades beneath major moving averages and inside a long-term descending channel. At the same time, exchange reserve data […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-182954","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182954\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/Ethereum-Exchange-Reserve-All-Exchanges-scaled.jpg\"){kind=link}