#binance #hype #zec #near
01/06/26 11:38 UTC-04

Ethereum Price Forecast for June 2026: ETH Enters Its Worst Month of the Year with $1,750 in Focus on the Monthly Chart

Trading Trading
Trading Ethereum Price Forecast for June 2026: ETH Enters Its Worst Month of the Year with $1,750 in Focus on the Monthly Chart

Ethereum was trading at $1,977 on June 1, entering its historically worst calendar month below the $2,000 level for the first time since 2023. At the same time, the monthly chart shows the CRT candle range low at $1,750, while the lower daily Bollinger Band sits at $1,936.

ETH Price Forecast for June 2026: Monthly CRT Range Low at $1,750 Is a Realistic Target


Monthly ETH/USD price action. Source: TradingView

Starting with the monthly chart, the CRT candle range extends from a low of $1,750 to a high of $2,461.

Price is currently trading in the lower half of this range after failing to hold above the midpoint around $2,100.

The monthly CRT range low at $1,750 is viewed as a potential liquidity target for June if price remains below the range midpoint.


Daily ETH/USD price action. Source: TradingView

The daily chart adds further detail.

All four exponential moving averages are positioned above the current price:

  • 20 EMA: $2,096;
  • 50 EMA: $2,170;
  • 100 EMA: $2,260;
  • 200 EMA: $2,494.

The lower Bollinger Band is located at $1,936 and represents the next major technical support below current price.

A daily close below $1,936 would open a direct path toward the monthly CRT range low at $1,750 without significant intermediate support.

Key ETH Levels for June

Resistance:

  • $2,096 (20 EMA);
  • $2,103 (Bollinger Band midline);
  • $2,270 (Upper Bollinger Band).

Support:

  • $1,936 (Lower Bollinger Band);
  • $1,750 (Monthly CRT range low).

June Has Historically Been Ethereum’s Worst Month


ETH monthly return analysis. Source: CryptoRank

Historical seasonality continues to support the bearish case.

ETH has closed June in negative territory in 7 of the last 10 years. Losses ranged from 1.5% in 2025 to 45.1% in 2022.

The three positive Junes produced gains between 3% and 27%, but none occurred under conditions similar to those seen today.

ETH enters June after an 11.2% decline in May, trading below all daily EMAs and below the midpoint of its monthly CRT range.

The average June return throughout Ethereum's history is -6.27%, while the median return is -2.66%.

Applying these figures to the current price near $1,977 suggests a potential monthly close between $1,853 and $1,922.

This range aligns closely with the daily lower Bollinger Band at $1,936 and begins approaching the monthly CRT low at $1,750.

ETH Futures: Long Positions Remain Vulnerable


ETH derivatives analysis. Source: CoinGlass

Futures trading volume increased 53.66% to $31.88 billion, while open interest rose only 1.61% to $31.73 billion.

Strong volume growth combined with nearly flat open interest suggests active repositioning rather than new directional conviction.

Over the last 24 hours, long liquidations reached $50.63 million, compared with just $10.96 million in short liquidations.

The nearly 5-to-1 ratio highlights persistent bearish pressure.

The retail long/short ratio stands at 0.9623, indicating a nearly neutral positioning balance.

However, Binance account data shows a ratio of 3.2735, suggesting that many retail traders remain heavily long despite recent losses.

Top traders show a ratio of 3.9975 by accounts but only 1.6111 by position size, indicating that professional traders remain cautiously positioned.

A market where retail traders remain heavily long while price trades below every major EMA and enters the weakest seasonal month of the year is generally not a favorable setup for a rapid bullish reversal.

ETH Price Outlook for June 2026

Bullish Scenario

A recovery above the Bollinger Band midline at $2,103 and the 20 EMA at $2,096 would shift attention toward $2,270.

However, Ethereum would need to establish and maintain a monthly position above $2,100, something it has failed to achieve since the May rejection.

Bearish Scenario

A loss of support at $1,936, confirmed by a weekly close below that level, would likely open the path toward the monthly CRT range low at $1,750.

This scenario aligns with both historical seasonality and the anticipated CRT liquidity draw.

See also: "YouTuber warns Bitcoin bottom is not yet in as stablecoin share reaches risk-off levels"

#Forecast #Ethereum (ETH) #key levels

Editor: Jerg Wos
Comments

Similar

03/06/26 14:34 UTC-04

Ethereum Price Prediction: Can ETH Defend $1,815 While Bears Maintain Market Control?

Ethereum continues to trade under pressure as investors assess whether the recent decline has reached exhaustion or if another wave of selling lies ahead. The second-largest cryptocurrency is struggling to regain momentum after a sharp drop from higher levels, prompting traders to focus on a key support zone that could determine the market’s next major move.