Ethereum (ETH) Daily Market Analysis 28 June 2026

Ethereum faces institutional selling pressure and a critical governance transition – here's the latest: • ETH trades at $1,573.53 (28 June 2026), down 9.61% weekly after losing the $1,550 support level • US spot Ethereum ETFs extended outflows to seven consecutive days, totaling ~$95 million • Former Ethereum Foundation leader warns of $30M annual funding gap as governance shifts away from the Foundation • Network still commands 55%+ of total crypto TVL, but daily active addresses fell 12% over the past month • Key near-term catalysts: holding $1,550-$1,600 support, reversing ETF outflows, and governance clarity