As of June 28, 2026, Ethereum (ETH) is oscillating around $1,580, overall in a weak recovery phase after a major decline. Market divergence is significant, with major capital in a wait-and-see mood, and the short-term bias is toward range-bound trading.

📊 Core Price Range

· Upper resistance: $1,600 - $1,620 is the first short-term selling pressure; $1,650 - $1,680 is the watershed determining bullish versus bearish strength.
· Lower support: $1,550 - $1,560 is the first intraday line of defense; $1,520 - $1,524 is the "lifeline," and a break below would open up downside space.

📉 Today's Strategy Reference
Given that weekend market volatility may be smaller, the following strategies are for your reference:

· Cautious wait-and-see: If the price fluctuates narrowly around $1,600, it is recommended to wait and see, and only follow after a clearer breakout signal.
· Bounce short (with the trend): If the price rebounds to around $1,620 - $1,660 and shows clear signs of topping out, you can lightly short, targeting $1,570 - $1,550, with a stop loss set above $1,680.
· Oversold long (requires caution): If the price retraces to $1,540 - $1,550 and shows clear stabilization, you can take a very small long position, but must trade quickly and strictly stop loss.

💡 Market Background Overview

· Technicals: Moving averages are bearishly arranged, and the recent rebound is an oversold recovery. Some analysts point out that only a volume-driven breakout above $1,668 can reverse the short-term bearish structure.
· Macro risk: Ethereum ETFs have recently seen persistent net outflows, and with a large options expiration on June 26, short-term market volatility risk remains.#以太坊