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Ethereum may drop to $1,400 as Fed's Warsh signals likely rate hike in September, rejecting $1,800 resistance.

Market News
18 Jun 2026
FXEmpire
View Source
Bearish
pluang ai news

Ethereum (ETH) has declined nearly 18% in the past month, struggling to surpass the $1,800 resistance after Federal Reserve Chair Kevin Warsh's first press conference. Warsh indicated inflation is a choice and hinted at a likely interest rate hike in September, increasing market uncertainty and pressure on cryptocurrencies. Unless bulls push ETH above $1,800 soon, the bearish outlook suggests a potential drop to around $1,400 amid a tough macroeconomic environment. The coming days will be crucial to confirm whether ETH can break resistance or face further declines.

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