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Ethereum Faces a Brutal $2,000 Test This Month
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Ethereum Faces a Brutal $2,000 Test This Month
KEY TAKEAWAYS Ethereum dropped roughly 26% from early June levels near $2,050 to a local low around $1,507 before rebounding above $1,780 on easing U.S.-Iran geopolitical tensions. Wallets holding between 10,000 and 100,000 ETH have accumulated approximately 510,000 tokens since June 5, signaling conviction among large holders while retail activity has remained notably subdued. Dense, short liquidation clusters between $1,840 and $1,900, visib…
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