Ethereum price near $1,780: Will oversold ETH bounce or break lower?

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Ethereum traded near $1,777.96 on June 4 after falling 5.07% in 24 hours, according to crypto.news price data. Summary Ethereum price fell below $1,800 as sellers tested the $1,825 channel floor...

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It also placed the asset near its weakest zone since April 2025, when ETH fell toward $1,400 before staging a recovery.Ali Martinez said Ethereum had reached his $1,825 target after pulling back to the bottom of its channel. He called the area a critical floor that could decide the next major move.“If $1,825 holds, expect a solid bounce back up toward $2,070 or even $2,360,” Ali Charts wrote. He also said a close below $1,825 would weaken support and likely send ETH toward $1,500.A stronger recovery signal would n","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","YETH":"Roundhill Ether Covered Call Strategy ETF","ETHD":"ProShares UltraShort Ether ETF","BKCH":"AdvisorShares Sabretooth ETF","TMF":"3倍做多20年期以上国债ETF-Direxion","BITW":"Bitwise 10 Crypto Index ETF","ETHE":"最大以太坊ETF-Grayscale","09009":"博时以太币-U","EZET":"以太坊ETF-Franklin","ETHI":"Defiance Leveraged Long Income Ethereum ETF","03009":"博时以太币","SETH":"1倍做空以太币期货ETF-Proshares","BETE":"等权重比特币&以太币期货ETF-ProShares","ETHT":"ProShares Ultra Ether ETF","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","BTF":"比特币&以太币期货ETF-CoinShares","ETU":"T-Rex 2X Long Ether Daily Target ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","BETH":"比特币&以太币期货ETF-ProShares","ETHU":"2倍以太币期货ETF-Volatility Shares","QETH":"以太坊ETF-Invesco Galaxy","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","09179":"嘉实以太币-U","ETHV":"以太坊ETF-VanEck","03179":"嘉实以太币","ETHW":"以太坊ETF-Bitwise","ETH":"低成本以太坊ETF-Grayscale","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","09046":"华夏以太币-U","EETH":"以太币期货ETF-ProShares","AETH":"以太坊策略ETF-Bitwise","03046":"华夏以太币","ETHA":"以太坊ETF-iShares","BITQ":"Bitwise Crypto Industry Innovators ETF","FETH":"以太币ETF-Fidelity","STCE":"Schwab Crypto Thematic ETF","CETH":"以太坊ETF-21Shares"},"translate_title":"以太币价格接近1780美元：超卖的ETH会反弹还是会跌破？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKY":1.5,"ETHA":1.5,"LFGY":1.5,"US10Y.BOND":0.66,"CETH":1.5,"ETQ":0.6,"09179":1.5,"09009":1.5,"ETH":1.5,"US12M.BOND":0.66,"CRPT":1.5,"US3Y.BOND":0.66,"US6M.BOND":0.66,"EZET":1.5,"NCIQ":1.5,"SETH":0.6,"GDLC":1.5,"US7Y.BOND":0.66,"ETHW":1.5,"BKCH":1.5,"BETH":1.5,"BITQ":1.5,"BITW":1.5,"ETHT":1.5,"YETH":1.5,"FETH":1.5,"ETHE":1.5,"EETH":1.5,"03009":0.9,"09046":1.5,"ETHD":1.5,"US30Y.BOND":0.66,"US2Y.BOND":0.66,"STCE":1.5,"BETE":1.5,"03179":0.9,"US5Y.BOND":0.66,"QETH":1.5,"AETH":1.5,"BTF":1.5,"TMF":0.6,"ETU":1.5,"ETHV":1.5,"BEGS":1.5,"ETHI":0.6,"ETHU":1.5,"METHmain":1.5,"03046":0.9},"content_text":"Ethereum traded near $1,777.96 on June 4 after falling 5.07% in 24 hours, according to crypto.news price data. \n\n\nSummary\n\n\n\nEthereum price fell below $1,800 as sellers tested the $1,825 channel floor and key support zone.\nRSI and Supertrend remain bearish, but exchange supply and staking data show tighter available supply.\nAnalysts now watch $1,700, $1,500, $2,022 and $2,360 as the next major price levels today.\n\n\n\nThe token also lost 10.21% over seven days as the wider crypto market stayed under pressure.\nThe latest move pushed ETH below the $1,825 area watched by analyst Ali Martinez. It also placed the asset near its weakest zone since April 2025, when ETH fell toward $1,400 before staging a recovery.\nEthereum price loses the $1,825 channel floor\nAli Martinez said Ethereum had reached his $1,825 target after pulling back to the bottom of its channel. He called the area a critical floor that could decide the next major move.\n“If $1,825 holds, expect a solid bounce back up toward $2,070 or even $2,360,” Ali Charts wrote. He also said a close below $1,825 would weaken support and likely send ETH toward $1,500.\n\nEthereum $ETH has hit my target at $1,825. ✔️The price has pulled back to the bottom of its channel. This is a critical floor that will likely decide the next big move.• If $1,825 holds, expect a solid bounce back up toward $2,070 or even $2,360.• If we close below $1,825,… https://t.co/q7bTVdmgTw pic.twitter.com/7cn1NbbOL6— Ali Charts (@alicharts) June 3, 2026\n\nThe live crypto.news feed showed ETH below that level, with a 24-hour range between $1,734.05 and $1,886.55. That range shows buyers tried to defend the lower area, but sellers kept pressure on the daily chart.\nEthereum’s market cap stood near $215.14 billion, while 24-hour trading volume reached $25.76 billion. The token remains down 64.05% from its Aug. 24, 2025 all-time high of $4,946.05.\nTechnical indicators still favor sellers\nThe Supertrend remains bearish, with the active red line near $2,022.09. Since ETH trades below that level, the indicator shows that sellers still control the current trend.\nFor the chart to improve, ETH would need to reclaim the $2,000 to $2,022 area and hold it on the daily chart. Without that move, any short bounce may remain part of a weak trend.\nThe RSI sits at 18.61, which places Ethereum deep in oversold territory. That reading shows strong downside momentum, but an oversold level does not confirm a rebound by itself.\nEthereum (ETH) price chart, source: crypto.news\nThe RSI moving average stands near 31.13, above the current RSI. That gap shows that momentum weakened quickly and that buyers have not yet regained control.\nThe MACD also remains bearish. The MACD line sits near -2,917.77, below the signal line near -1,584.86, while the histogram is negative near -1,332.92.\nA stronger recovery signal would need the MACD line to flatten and move closer to the signal line. Until then, momentum remains weak even with ETH deeply oversold.\nOn-chain data gives a mixed signal\nLeon Waidmann said Ethereum’s price action looks weak, but on-chain data gives a different message. He pointed to ETH on exchanges falling near 15.1 million, a multi-year low.\n\nETH price is stuck near $1.9K. Everyone's bearish.The onchain data tells the opposite story! 📊🔹 ETH on exchanges: crashing to ~15.1M (multi-year low)🔹 Staking rate: fresh ALL-TIME HIGH at 32.42%🔹 Transactions: ALL-TIME HIGHLess ETH on exchanges = less supply to sell.… pic.twitter.com/OVf1ryQSyO— Leon Waidmann (@LeonWaidmann) June 3, 2026\n\nHe also said Ethereum’s staking rate reached a fresh all-time high at 32.42%. More ETH in staking can reduce liquid supply because holders lock tokens to secure the network and earn rewards.\nAli Martinez also reported that Ethereum processed $9.92 billion in transaction volume on June 2. He said that marked the largest one-day network activity spike in two months.\nThis creates a split picture for traders. Price action shows weakness, while exchange balances, staking, and transaction data show users continue to hold, stake, and move ETH on-chain.\nAs previously reported by crypto.news, Ethereum staking has become a larger part of institutional treasury activity. More than 36 million ETH had been staked earlier this year, with public firms also building ETH yield strategies.\nThat does not remove short-term selling pressure. It does show that Ethereum’s network activity and holder behavior remain different from the current chart trend.\nTreasury losses and price levels stay in focus\nThe latest selloff also comes as some Ethereum treasury strategies face losses. Lookonchain said Nasdaq-listed FG Nexus bought 50,770 ETH for about $196 million between August and September 2025.\n\nFG Nexus is down over $85M on its #Ethereum treasury bet!FG Nexus bought 50,770 $ETH($196M) at an average price of $3,860 in Aug–Sep 2025.Then started selling in Nov 2025, selling 36,025 $ETH($83.92M) at an average price of $2,330.Total loss: $85M+.https://t.co/ot97old74T pic.twitter.com/ysWdm4JW5u— Lookonchain (@lookonchain) June 4, 2026\n\nThe firm paid an average price near $3,860, then began selling in November. It has now sold 36,025 ETH at an average price of about $2,330, recovering about $83.92 million.\nAccording to on-chain reports, cumulative losses on the FG Nexus Ethereum treasury strategy have topped $85 million. The company had previously described ETH as its main treasury reserve asset.\nAs previously reported by crypto.news, other Ethereum treasury firms have also faced losses during the weaker quarter. SharpLink reported $506.7 million in unrealized ETH losses and a $191.7 million LsETH impairment charge in Q1.\nEthereum’s first downside area now sits around $1,700 to $1,717. A clean break below that zone would increase attention on $1,500, the level Ali Martinez named after the loss of $1,825 support.\nThe deeper historical support zone remains near $1,400, where ETH found a low in April 2025. That level may return to focus if the broader market selloff continues and buyers fail to defend $1,500.\nOn the upside, ETH needs to reclaim $1,825 first. A stronger recovery would require a daily move back above $2,000 and the Supertrend area near $2,022.\nA later push toward $2,070 would show buyers are rebuilding control. A move to $2,360 would need stronger volume and a clear shift in momentum from the RSI and MACD.\n\n\n\n\n\n                Read more:\n            \n\n                CLARITY Act vote more likely before August recess, says Lummis            \n\n\n\n  \n\n            Disclosure: This article does not represent investment advice. 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