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Ethereum price drops below $1,800 amid bearish signals and key support test.

Technical Signals
04 Jun 2026
Crypto news
View Source
Bearish
pluang ai news

Ethereum's price fell below $1,800, testing a critical support zone at $1,825, signaling bearish momentum with technical indicators like RSI and MACD remaining negative. Despite the price drop, on-chain data shows reduced ETH supply on exchanges and a record-high staking rate, indicating holders are locking tokens rather than selling. Analysts watch key levels at $1,700, $1,500 for further downside, and $2,022, $2,360 for potential recovery. Losses in Ethereum treasury strategies add pressure, but strong network activity suggests ongoing user engagement.

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