Ethereum

Rally

Snaps

Resistance

Opus

Ethereum<a href="https://yellow.com/asset/eth" rel="noopener noreferrer nofollow">(ETH)</a> is holding above its lower range floor, but analysts say a break <a href="https://yellow.com/news/ethereum-low-since-2023-still-sliding" rel="noopener noreferrer nofollow">below $1,500</a> remains a clear risk.<h2 id="key-points">Key Points:</h2><blockquote><ul><li>Ethereum lost support near $1,800 and moved into the lower part of its range.</li><li>The $1,450 to $1,550 demand zone remains the key support area.</li><li>A relief rally toward $1,820 to $1,900 could still fail if sellers defend resistance.</li></ul></blockquote><h2 id="ethereum-support">Ethereum Support</h2>Analyst Shayan Markets<a href="https://cryptopotato.com/ethereum-price-prediction-how-close-is-eth-to-a-sub-1-5k-breakdown/" rel="noopener noreferrer nofollow">said</a> on Jun. 10 that ETH remains under selling pressure after losing the $1,800 region and sliding toward its lower demand zone.The daily chart places Ethereum inside a broad range, with resistance near $1,750 to $1,850 and support around $1,450 to $1,550. Buyers defended the lower zone near $1,500, stopping a deeper breakdown for now.The asset still trades below its long-term descending trendline and the 100-day and 200-day moving averages, which keeps the broader structure bearish.Also Read:<a href="https://yellow.com/news/claude-fable-5-free-until-june-22" rel="noopener noreferrer nofollow">Claude Fable 5 Costs Double Opus But Stays Free Until June 22</a><h2 id="resistance-cluster">Resistance Cluster</h2>On the four-hour chart, the rebound from $1,500 looks corrective because ETH remains below key Fibonacci retracement levels from the latest decline.The main resistance cluster sits between $1,820 and $1,900, where sellers may return if the relief rally continues. The Binance liquidation heatmap also shows dense liquidity between $1,700 and $1,800.A rejection near $1,820 to $1,900 would make the rebound look like another bearish retest, while a break above $1,900 could open a move toward $2,000 to $2,050.Ethereum’s recent swings have followed the same range, with buyers defending $1,450 to $1,550 and sellers capping recoveries <a href="https://yellow.com/news/ethereum-faces-dollar1900-test-after-bull-failure" rel="noopener noreferrer nofollow">near $1,750 to $1,900</a>.Read Next:<a href="https://yellow.com/news/bitmine-buys-213m-ethereum-bloodbath" rel="noopener noreferrer nofollow">Bitmine Snaps Up $213M In Ethereum During The Market Bloodbath</a>

Ethereum Relief Rally Could Trap Bulls Near $1.9K Resistance

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