Ethereum (ETH) Daily Market Analysis 04 June 2026

Ethereum slides below $1,900 amid ETF outflows and macro headwinds – here's the latest: • ETH fell to $1,815.48 on 4 June 2026, breaking below $2,000 with a 10% weekly loss • US spot ETH ETFs saw $2.4 billion in May outflows, driving institutional capital flight • 14-day RSI hit 28.80, signaling oversold conditions that could trigger a technical bounce • Key support at $1,800; a break could open downside toward $1,700 • Long-term fundamentals remain strong, but near-term catalysts are limited until macro conditions stabilize