ETH is sitting on one of the most important levels on the chart right now. The $1,650-$1,700 region has acted as support before, and buyers have stepped in again after the recent sell-off. The question is whether this is a real bounce or just relief after a sharp move down. If this level holds, ETH finally has a foundation to build from. If it doesn’t, things can get ugly very quickly. For now, all eyes are on support.

ETH is sitting on one of the most important levels on the chart right now.

The $1,650-$1,700 region has acted as support before, and buyers have stepped in again after the recent sell-off.

The question is whether this is a real bounce or just relief after a sharp move down.

If this level holds, ETH finally has a foundation to build from.

If it doesn’t, things can get ugly very quickly.

For now, all eyes are on support.

— That Martini Guy ₿ (@MartiniGuyYT) Jun 9, 2026