Is the Ethereum Bear Market Resuming Now?

AI-generated source summary

The analysis focuses on Ethereum's price action, suggesting a continuation of the bearish trend based on its failure to break above resistance levels and its current position below a downward trendline. The analyst identifies multiple Fibonacci retracement levels as key areas of resistance, between $1,815 and $2,236. The current price is noted around $1,654, with a support area identified between $1,540 and $1,605. The analysis suggests that if Ethereum breaks below $1,540, it could potentially retest previous lows around $1,400 and even fall further towards $1,000, as indicated by a longer-term wave count. The daily RSI is observed to be in bearish territory, though recent momentum indicators are showing signs of fading, hinting at a possible short-term bounce or consolidation before further downside. The key levels to watch for a potential shift in sentiment are the resistance at $2,000-$2,236 and the support around $1,400-$1,540.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   24 Jun 2026, 14:46 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   24 Jun 2026, 15:48 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   24 Jun 2026, 15:48 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   24 Jun 2026, 15:48 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   25 Jun 2026, 01:01 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Live evaluation in progress

   01 Aug 2026, 03:25 UTC

   1 signal remains active.