On June 29, 2026 (GMT-5), Ethereum (ETH) followed Bitcoin’s downward trajectory amid broad market selling, oscillating between $2116 and $2189 and finishing the day roughly 1.15% lower. ETH struggled to push past key resistance at $2190 and only received feeble buying interest around the $2115 support level with short-term technicals showing oversold readings. Trading volume grew markedly as traders worried about sustained hawkish Fed policies and steady capital outflows from Ethereum spot ETFs; large-scale stop-loss liquidations and profit-taking erased all recovery attempts, keeping ETH’s short-term momentum solidly bearish alongside the whole crypto market.
Bearish outlook for the market tomorrow; target level: 1571.64.
This content is for informational/entertainment purposes only—a friendly market recap, not investment advice or a “green light” to trade crypto. Crypto markets are volatile (a wild ride!), so trade wisely, manage risk, and act at your own peril: all profits/losses are yours, and you bear full responsibility. May the crypto odds be with you, but caveat emptor (kind of)!