Ethereum rebounded nearly 2% to around $1,650 after holding a support level. According to NS3.AI, whale positioning has repeated a pattern that preceded the prior breakdown.
The report said a daily close below $1,600 would invalidate the bounce. It added that such a move could expose downside levels at $1,365, $1,256, and $1,147.
Ethereum Rebounds Nearly 2% to Around $1,650 as Traders Watch $1,600 Daily Close
2026-06-11 15:03:18
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