Will ETH dip to the $1,000 area before a rebound?
1 extracted signal · 0 resolved · 1 still active
More Crypto Online18 Jun 2026, 03:00 UTC
AI-generated source summary
Ethereum is currently pushing into resistance after forming a local low in early June. The analysis suggests this is part of an unfolding bear market, similar to the structure observed in 2022. The market may be setting up for a five-wave decline within a larger 'C' wave. A key support area is identified between $664 and $1026. The $1000 level is considered an ideal target given that this pullback could represent a Wave 4. The yellow trendline acting as resistance is currently around $2100, indicating further bearish pressure as long as it holds. There are no signs of a low being in place yet.
AI-generated summary based on the source content.
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