THE TICKER IS priceETH

$ETH (1h) - Long Continuation Bias: Long Entry (Zone): 1,646 - 1,656 Targets: TP1: 1,675 TP2: 1,705 TP3: 1,735 Stop Loss: 1,625 Why this Setup: I’m looking for a rebound after the sharp selloff into support, with a quick recovery above the current base showing buyers are stepping back in. I want to ride a relief move back toward the prior intraday resistance levels while keeping risk tight below the latest low.

The smart trader 'pension-usdt.eth', who previously achieved 23 consecutive successful trades, is currently celebrating another winning streak. He took a short position of 50,000 $ETH ($82.36M) two days ago and is presently seeing an unrealized profit of $4.35M.

The blue extended line is clearly drawn out; after breaking the trend line at $ETH on the H1 timeframe, there were two noticeable bounces back, but it still couldn't get back above the trend line. Even though the H1 timeframe is quite small, we’ve seen over 100 candlesticks since breaking the trend line, and the volume is painfully low. So, I currently think the likelihood of dropping below 1600 is pretty high. Ethereum, oh Ethereum, are we really going to see it dip to 1000 as people fear before it settles?

🧠 Ethlabs Launches to Accelerate Institutional Adoption of Ethereum On June 22, 2026, Ethlabs officially launched as a new independent non-profit research organization founded by five former senior researchers from the Ethereum Foundation. The initiative is backed by Bitmine, Sharplink, and Ethereum co-founder Joe Lubin, with the goal of preparing Ethereum for the next wave of institutional adoption — including tokenized real-world assets (RWAs), financial infrastructure, and AI-driven autonomous finance. 🔸 Ethlabs will focus its research on: • Faster settlement speeds • Cross-chain interoperability • The monetary properties of ETH 📖 All research findings will be published publicly, while the organization says technical direction and governance will remain fully independent from its financial backers. ⚡ The launch comes amid growing institutional interest in Ethereum as Wall Street, stablecoin issuers, and tokenization platforms increasingly build on Ethereum infrastructure. $BTC $ETH $IOST

📉 Market Overview Bitcoin fell below $63,000 as investors retreated from risk assets, with weakness in U.S. tech stocks and rising bond yields spilling over into crypto markets. Bitcoin: $62,887 -1.63% Ethereum: $1,690 -2.50% Market Cap: $2.24T BTC Dominance: 56.2% Fear & Greed Index: 23 (Extreme Fear) Altcoin Index: 47/100 👉 Latest News • Trump signs orders for quantum computer, cryptography upgrades • Crypto sector set new quarterly record with 83 security breaches and $775 million stolen in Q2 2026 • Taiko Identifies Cause of Theft Incident, Works to Recover Stolen Funds 👉 Small Cap Gainers Syndicate +72.5% Verona (prev. XION) +51.3% Folks Finance +40% Cortex Protocol +29.6% Synapse +29.1% 👉 Recent Funding Rounds - Ant.fun $5M Strategic round led by MH Ventures - Multipli Strategic round backed by Base Ecosystem Fund - Renaiss protocol $1.5M Seed round led by YZi Labs (Prev. Binance Labs)