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Ethereum trades near $1,747, testing key support amid mixed signals from RSI and whale activity.

Technical Signals
18 Jun 2026
Crypto news
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Neutral
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Ethereum is trading near $1,747, close to a significant historical support zone between $1,600 and $1,700. The weekly RSI is at a rare low, similar to past cycle bottoms, suggesting potential for a rebound, but whale activity has dropped 86.6%, weakening bullish confidence. Funding rates show slight improvement, indicating some return of long demand, yet the price trend remains downward with lower highs and lows. A weekly close above support could confirm a rebound, while a drop below $1,600 would challenge the historical bottom pattern, leaving the outlook mixed for now.

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