Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum trades sideways near $1.7k as whales bet on price drop amid mixed market signals

Technical Signals
22 Jun 2026
AMBCrypto
View Source
Neutral
pluang ai news

Ethereum remains stuck in a narrow range around $1,700, with large holders (whales) increasing short positions, signaling expectations of a price drop. Despite this bearish stance from whales, most traders hold long positions, showing optimism for a rebound. The market lacks strong momentum, suggesting Ethereum may continue trading sideways between $1,600 and $1,700. However, increased derivatives activity could trigger a breakout above $1,850 if short positions face liquidation pressure.

More News (ETH)

Ethlabs nonprofit launches to prepare Ethereum for institutional adoption with backing from Tom Lee and Joe Lubin.

Ethlabs nonprofit launches to prepare Ethereum for institutional adoption with backing from Tom Lee and Joe Lubin.

Ethlabs, a new independent nonprofit research lab, was launched to ready Ethereum for large-scale institutional use. Founded by five former Ethereum Foundation researchers and led by Ansgar Dietrichs, it is funded by BitMine chairman Tom Lee, SharpLi...

Protocol Fundamentals
Bullish
4 hours ago
Cryptocurrency prices show mixed movements with Bitcoin around $64,455 and notable gains in some altcoins.

Cryptocurrency prices show mixed movements with Bitcoin around $64,455 and notable gains in some altcoins.

Cryptocurrency prices are fluctuating with Bitcoin trading near $64,455, up 0.66%, and Ethereum at $1,735, up 0.37%. Several altcoins show mixed performance, with some like DEXE and LAB experiencing significant gains of over 20%, while others like XL...

Protocol Fundamentals
Bullish
4 hours ago
Ethereum Foundation plans to eliminate toxic MEV and make privacy default on its protocol.

Ethereum Foundation plans to eliminate toxic MEV and make privacy default on its protocol.

The Ethereum Foundation has announced a strategic plan to address toxic maximum extractable value (MEV), which harms users and threatens network neutrality. It aims to make privacy a default feature of the Ethereum protocol and shift staff compensati...

Protocol Fundamentals
Bullish
5 hours ago
Ethlabs, backed by major ETH holders, launches to advance Ethereum research amid Ethereum Foundation shifts

Ethlabs, backed by major ETH holders, launches to advance Ethereum research amid Ethereum Foundation shifts

Ethlabs, a new nonprofit research group led by five former Ethereum Foundation researchers, has been launched with backing from major Ethereum treasury holders SharpLink and Bitmine, as well as Consensys CEO Joe Lubin. This initiative comes amid sign...

Protocol Fundamentals
Bullish
5 hours ago
Ethereum co-founder tests AI's ability to reveal anonymous document, raising privacy concerns.

Ethereum co-founder tests AI's ability to reveal anonymous document, raising privacy concerns.

Ethereum co-founder Vitalik Buterin has launched an experiment challenging AI tools to identify an anonymous document he wrote related to Ethereum between 2020 and 2026. This test aims to explore whether advanced AI-driven stylometry can break online...

Market News
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App