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Ethereum nears $1,800 resistance after strong rebound, with $1.23B ETH withdrawn from Binance signaling accumulation.

Technical Signals
06 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Ethereum (ETH) has risen about 12.5% in the past week, forming a double-bottom near $1,500 and now testing a key resistance zone around $1,780-$1,800. Breaking above $1,800 could trigger a rally toward $2,160, supported by bullish technical indicators like RSI and MACD. Meanwhile, Binance saw $1.23 billion in ETH withdrawals—the highest in over three years—suggesting investors are accumulating ETH off exchanges for the long term. Ethereum's development team also announced a quantum-resistant upgrade roadmap targeting implementation around 2029, highlighting ongoing innovation in the network's security.

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