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Ethereum tests key $1,750 support; risk of deeper drop to $1,600 looms if it fails.

Technical Signals
04 Jun 2026
Coinpaper
View Source
Bearish
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Ethereum recently tested a critical support zone near $1,750 after briefly dipping below its February lows, signaling a liquidity sweep. Analysts highlight that holding the $1,700-$1,800 range is crucial to avoid a deeper correction toward the $1,600 weekly order block. Despite some bounce attempts, Ethereum remains vulnerable within a long-term descending channel, with resistance near $1,900 and support at $1,700 as key levels to watch for trend confirmation. A breakdown below $1,700 could lead to further declines, while a move above $1,900 may improve the bullish outlook.

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