Ethereum is trading around $1,665 to $1,680, down 0.63% in the past 24 hours, with a market cap of $201 billion and daily volume of $10.20 billion. After bouncing from a swing low of $1,603, ETH briefly hit $1,731 before pulling back.
Crypto analyst Ash Crypto declared on June 14, 2026, that Ethereum is “the most oversold it has ever been in its history.” He highlighted that ETH has dropped nearly 70% from its all-time high, is priced at levels last seen four years ago, and its monthly RSI is now lower than during the 2018 and 2022 bear market bottoms.
Fellow analyst Ted Pillows noted that ETH has broken out of its short-term downtrend. He suggested that a move above $1,700 could open the door to a rally toward the $1,850–$1,900 range.
Technically, ETH is holding above the 100-hourly Simple Moving Average and a bullish trend line with support at $1,665, which aligns with the 50% Fibonacci retracement from $1,603 to $1,731. Immediate resistance lies at $1,720, followed by $1,740 and $1,780. A breakout above $1,780 could target $1,850, $1,880, and $1,920. On the downside, losing $1,665 would expose $1,650, $1,620, and the critical $1,600 floor.
The MACD histogram shows a positive reading of 3.15, indicating easing selling pressure, while the Bollinger Bands previously marked $1,456.90 as a low during peak selling and now highlight $1,802.52 as a key resistance.
