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Ethereum nears $1,670 amid third straight quarterly decline despite signs of accumulation.

Market News
14 Jun 2026
Crypto news
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Neutral
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Ethereum is trading near $1,670 after experiencing one of its weakest nine-month periods, with a third consecutive quarter of double-digit losses. Despite a 66% drop from its late-2025 peak and bearish technical indicators, nearly 500,000 ETH were withdrawn from exchanges recently, signaling potential accumulation by long-term investors. Market sentiment could improve if a U.S.-Iran peace deal materializes, potentially boosting crypto demand. However, Ethereum's price may still face downward pressure depending on broader market conditions and risk sentiment in the coming weeks.

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