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Ethereum rebounds above $1,700, eyes $1,850 amid improving market sentiment and whale buying.

Technical Signals
22 Jun 2026
Crypto news
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Bullish
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Ethereum price bounced from $1,704 and reclaimed resistance near $1,733, driven by easing geopolitical tensions, falling oil prices, and strong institutional interest. Whale accumulation and a technical breakout above a downtrend suggest momentum toward $1,850, with key support at $1,700-$1,710 holding. However, macro risks remain due to Middle East tensions, which could impact the rally. If support holds and institutional demand grows, Ethereum could continue its upward trend in the near term.

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