Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

07/11/2026

China’s $340B AI bubble has popped — and the charts prove it

07/11/2026

SEC Clarifies Token Governance Rules Amid Market Uncertainty

07/11/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

    07/11/2026

    Analysts issue Bitcoin selloff warning and set targets

    07/11/2026

    Bitcoin’s Fixed Supply Could Slow Growth, Willy Woo Warns

    07/11/2026

    Why Did the Bitcoin Price Drop and Fail to Rebound as Expected?

    07/11/2026

    Can ETH Break Above $2,500 Despite Derivatives Weakness?

    07/11/2026

    Ethereum price stalls below the $2,410.84 EMA50 level as momentum improves

    07/11/2026

    Ethereum surges 4% above $2,400 amid US Midterm election results rally

    07/11/2026

    Ethereum Foundation sued for firing employee who opposed ‘suicide pledge’

    07/11/2026

    New Details Emerge in Chinese Government Announcement That Sent Away the Price of an Altcoin!

    07/11/2026

    Crypto trader makes $1 million in less than a day

    07/11/2026

    How Zcash Plans to Hide Your Keys From AI and Quantum Attacks

    07/11/2026

    XRP Kuwait Hits Back at Centralization Critics Following Urgent Network Fixes

    07/11/2026

    Machi Liquidated Again, Losing $223K from NFT Sale

    07/11/2026

    PixieChess Confirms New Weekly Packs for Collectors on Base

    29/10/2026

    Fuzzy Launches Dynamic NFT Collection With Four Phases

    29/10/2026

    Machi’s NFT Sales Exceed 60 as Trader Faces $2.35M Loss

    28/10/2026

    Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

    07/11/2026

    China’s $340B AI bubble has popped — and the charts prove it

    07/11/2026

    SEC Clarifies Token Governance Rules Amid Market Uncertainty

    07/11/2026

    Chainlink Expands APAC Equities Streams to Cover Over $40 Trillion in Asian Stock Markets

    07/11/2026
  • Blockchain

    Chainlink Expands APAC Equities Streams to Cover Over $40 Trillion in Asian Stock Markets

    07/11/2026

    Xeni Travel Launches Booking Platform on Hedera for Travel

    07/11/2026

    OpenZeppelin Joins S&P Global, Strengthening Chainlink’s

    07/11/2026

    THORChain Restarts Most Swaps, With 14 Nodes Yet to Upgrade

    07/11/2026

    Solana co-founder Anatoly Yakovenko tells data centers to pivot to crypto

    07/11/2026
  • DeFi

    Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push

    07/11/2026

    Lido adds Firelight as first line of loss protection for EarnETH and EarnUSD

    07/11/2026

    Uniswap hosts its first permissioned asset with GromaCorp’s real estate token

    07/11/2026

    Aquarius Drives Nearly All of Stellar’s 69% Weekly DEX Volume Increase, DeFiLlama Data Shows

    07/11/2026

    Morpho hits record $4.1 billion in USDC deposits

    07/11/2026
  • Metaverse

    Exploring the Future of the Metaverse

    19/10/2026

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026
  • Regulation

    China’s $340B AI bubble has popped — and the charts prove it

    07/11/2026

    Putin offers Africa crypto payments as a way around the dollar

    07/11/2026

    Coinbase Swings to $719 Million Q3 Profit on Crypto Gains

    07/11/2026

    Multicoin wants to turn AI chips into collateral for crypto’s next lending boom

    07/11/2026

    Franklin Templeton Bitcoin ETFs Start at 5%, Use Dividends to Grow Bitcoin

    07/11/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Backpack Securities Achieves $500M Weekly Volume

    07/11/2026

    Kraken Brings BTC and ETH Options to EEA under Cyprus Licence

    07/11/2026

    Binance Lists 227 Futures Pairs So Far as Traditional Assets Dominate

    07/11/2026

    USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko

    07/11/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    FLOKI Ships Valhalla 1.13.2 ‘Special Delivery’ to Players on Mainnet

    27/10/2026

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    Bitcoin Mining Difficulty Has Never Stayed Below Its Peak for This Long

    07/11/2026

    Core Scientific sells 816 BTC, holds just 32 BTC as AI pivot accelerates

    07/11/2026

    TeraWulf posts $76.2 million Q3 revenue as AI leases outgrow Bitcoin mining

    06/11/2026

    Zcash’s landmark NU7 upgrade goes live, speeding up private payments

    06/11/2026

    SEC Clarifies Token Governance Rules Amid Market Uncertainty

    07/11/2026

    Bank of Ghana Advocates for Balance in Virtual Asset

    07/11/2026

    The Critical Election Day Has Arrived for the US and Donald Trump! Is There a Threat for Bitcoin and Altcoins? Here Are the Details

    07/11/2026

    France postpones 2027 budget vote, crypto exit-tax proposals scrapped

    07/11/2026

    Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

    07/11/2026

    China’s $340B AI bubble has popped — and the charts prove it

    07/11/2026

    SEC Clarifies Token Governance Rules Amid Market Uncertainty

    07/11/2026

    Chainlink Expands APAC Equities Streams to Cover Over $40 Trillion in Asian Stock Markets

    07/11/2026
  • MarketCap
NBTC News
Home»Ethereum»Extreme Fear at 22, every bounce is being sold
Ethereum

Extreme Fear at 22, every bounce is being sold

NBTCBy NBTC18/06/2026No Comments8 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


As of June 17, 2026, the Ethereum price stands at 1,775 dollars, in a phase that leaves no room for enthusiasm. The bearish pressure on the daily chart remains unresolved, while the lower timeframes show timid signs of stabilization. Those looking for clear signals risk finding what they want to see.

$ETH/USDT — daily chart with candles, EMA20/EMA50 and volumes.

Key points

  • $ETH is trading at $1,775 in a structurally bearish regime on the daily, with the main moving averages above the price.
  • The daily RSI14 at 43.49 indicates weak momentum but no ongoing capitulation.
  • The pivot support S1 at $1,753 is the critical level to monitor in the short term.
  • $BTC dominance at 56.2% and the Fear & Greed Index at 22 are penalizing altcoins, including Ethereum.
  • DeFi activity shows mixed signals: Uniswap V3 has recorded a +94% increase in 30-day fees.

The underlying picture is clear: Ethereum is in a structurally bearish regime on the daily. This is not a pessimistic reading; it is what the moving averages are signaling. The EMA20 at $1,794 is already above the price, and this in itself describes short-term weakness. But the most telling data is the EMA50 at $1,954 and especially the EMA200 at $2,472.

$ETH is trading at a significant discount compared to its long-term average. This indicates that the market has not yet absorbed the damage from the downward trend of recent months. The price is compressed below levels that, under normal conditions, should have acted as dynamic support.

The RSI14 on the daily is at 43.49, in negative territory but far from the area of extreme oversold. There is no capitulation underway, nor a technical rebound from exhaustion of selling. It is a gray area: the market is not depressed enough to justify a sentiment reversal, but it is not in free fall either. This type of RSI, stationary below 50 for weeks, often accompanies orderly bearish trends in which every rebound is sold with discipline.

The daily MACD tells the same story in a more nuanced way. The MACD line is at -85.3 with the signal at -112.05 and the histogram positive at +26.75. The growing histogram indicates that the divergence between the two lines is shrinking: the bearish momentum is losing strength. However, a MACD rising from deeply negative values can take weeks before giving a real bullish crossover. Those trading on the back of this easing expose themselves to false signals.

The Bollinger Bands on the daily frame the price almost exactly on the middle band at $1,770, with the upper band at $2,054 and the lower one at $1,485. The width of the band, almost 570 points, signals significant volatility. $ETH is not compressed in a tight range: there is room to move in both directions. In itself the data is neutral, but it becomes bearish when combined with the descending EMAs above the price.

The daily ATR14 at $93 is not negligible and represents the average daily volatility, requiring caution in risk management. Those trading $ETH must factor in intraday swings of this magnitude. The pivot levels confirm the current equilibrium area: the price of $1,775 is between the pivot support S1 at $1,753 and the main pivot PP at $1,782. The resistance R1 at $1,803 is close, less than 30 points away. This explains why every rebound attempt struggles to gain traction.

Dropping down to the 1H, the regime becomes neutral and here a divergence emerges that must be read carefully. The EMA50 at $1,776 is practically aligned with the price and the EMA200 at $1,720 is well below: on an hourly scale $ETH is not under immediate bearish pressure. However, the EMA20 at $1,787 is still pressing from above and the hourly RSI at 43.35 shows no strength. The MACD on the 1H has the histogram at -3.44, negative and worsening. The Bollinger Bands on the hour show a much narrower range, between $1,772 and $1,807: $ETH is moving in the lower part of the hourly channel, without convincing either to the upside or the downside.

On the 15-minute chart the context is similar. The EMA20 and EMA50 are above the price, at $1,782 and $1,787 respectively, while the EMA200 at $1,776 is almost in contact. The MACD on this timeframe is negative with a histogram at -1.79, slightly worsening, and the RSI at 42.62 confirms the lack of bullish pressure in the short term. The micro-structure is undecided, reflecting a market waiting for a directional catalyst.

The macro market context, moreover, does not help. The total crypto market capitalization has lost -1.76% in the last 24 hours and Bitcoin dominates with 56.2%, according to CoinGecko data. This level of $BTC dominance is generally unfavorable for altcoins, including Ethereum: when capital concentrates on Bitcoin, $ETH struggles to perform independently. The Fear & Greed Index at 22 — Extreme Fear completes the picture. A fearful market does not buy, and buying in extreme fear requires solid technical evidence that is currently lacking.

It is worth noting that DeFi activity on Ethereum shows some mixed signals. According to DefiLlama data, Uniswap V3 has recorded a 94% increase in 30-day fees, a sign that network usage has not collapsed. However, this is not translating into buying pressure on the token: the macro sentiment prevails.

Bullish scenario

For $ETH to build a credible bullish trajectory, it must first decisively reclaim the $1,800–$1,803 area, corresponding to the R1 pivot resistance and the daily EMA20. A daily close above this zone, accompanied by an RSI rising toward 50 and a MACD with an expanding positive histogram, would change the tactical picture. The next target would be the $1,950–$1,960 area, where the daily EMA50 passes, the level that represents the real challenge for a trend reversal. Invalidation of this scenario would come with a close below $1,753 accompanied by volume, which would reopen the path toward $1,650 and potentially toward the lower Bollinger Band at $1,485.

Bearish scenario

The bearish scenario assumes that the current area at $1,775 represents an unstable equilibrium destined to give way. If the support at $1,753 is broken, and the current structure of descending EMAs makes this scenario more likely than a bullish acceleration, the next significant level is the $1,650–$1,680 area, a zone of previous structural support. Below $1,600, the market would enter a liquidation phase that could lead $ETH to test multi-month lows. Invalidation would come with a sustained recovery above $1,810 with a daily close, which would resolve the immediate pressure.

Those monitoring the Ethereum price in this session must deal with an uncomfortable reality: the market does not offer an obvious opportunity in either direction. The main trend is bearish, momentum does not yet show signs of definitive exhaustion, and the macro context, between extreme fear, high $BTC dominance and volumes down 25% in 24 hours, does not favor aggressive positioning.

False breakouts, under these conditions, are frequent: a rebound toward $1,800 could look like a reversal and turn out to be simply an opportunity for those who want to sell at better prices. Patience, in this context, is worth more than any setup.

FAQ

What is the price of Ethereum today?

As of June 17, 2026, Ethereum is trading at around 1,775 dollars, in a context of bearish pressure on the daily timeframe and with a market capitalization that has declined over the last 24 hours.

Is Ethereum in an uptrend or downtrend?

Ethereum is in a structurally bearish regime on the daily, with the main moving averages (EMA20, EMA50, EMA200) all positioned above the current price. Only a recovery above the $1,800–$1,803 area could start to change the short-term technical picture.

What are the key levels to watch for $ETH?

The crucial levels are the support at $1,753 (daily S1 pivot) and the resistance at $1,803 (daily R1 pivot). A break of the support would open the way toward the $1,650–$1,680 area, while a break above the resistance would allow targeting the daily EMA50 at $1,954.


Disclaimer: This article is for informational purposes only and does not constitute financial advice, investment recommendation, or a solicitation to buy or sell financial instruments or cryptocurrencies. The analyses do not guarantee future results. Investments in crypto-assets and financial markets involve a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.

Content created with the assistance of artificial intelligence and with human editorial review.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Can ETH Break Above $2,500 Despite Derivatives Weakness?

07/11/2026

Ethereum price stalls below the $2,410.84 EMA50 level as momentum improves

07/11/2026

Ethereum surges 4% above $2,400 amid US Midterm election results rally

07/11/2026

Ethereum Foundation sued for firing employee who opposed ‘suicide pledge’

07/11/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

07/11/2026

China’s $340B AI bubble has popped — and the charts prove it

07/11/2026

SEC Clarifies Token Governance Rules Amid Market Uncertainty

07/11/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.