Ethereum price holds $1,600 as whales buy the dip
first published 2026-06-24T16:16:00Z
Ethereum is trading near $1,670, below the $1,700 support level and its 200-day moving average, while Ethereum ETFs recorded $82 million in net outflows on June 23 for a fourth consecutive day of withdrawals amid broader crypto market uncertainty.
AI Analysis
The article reports Ethereum trading below a key support level and its 200-day moving average, alongside $82 million in ETF outflows for a fourth straight day. These are concrete bearish market signals that can affect short-term trading decisions.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- Ethereum Slumps As ETF Outflows Continue - Yahoo Finance
- Bitcoin Hasn't Broken the 4-Year Cycle Yet, Says 21Shares as BTC Dives Below $60K - Yahoo Finance
- Bitcoin falls under $60K, but traders anticipate 15% bounce - Cointelegraph
- Portnoy: 'It Seems Like Bitcoin Is Going to Zero' - U.Today
- Michelle Bond loses dismissal bid as FTX-linked trial nears - Crypto News
- XRP Recovery Hopes Are Alive, Is Bitcoin (BTC) Next Breakout Around the Corner? Ethereum (ETH) Stabilizes Near $1,700: Crypto Market Review - U.Today
- Abracadabra’s MIM crisis deepens as dollar peg breaks again - Crypto News
- Pi Network price stays weak as Pi2Day campaign nears deadline - Crypto News
- Crypto Market Cap Falls $2.3 Trillion From October 2025 Peak - Coinpedia
- Ethereum price holds $1,600 as whales buy the dip - Crypto News
