The Ether factory is still in the vicinity of $1700, and prices are close to where they were in March 2021. Market differences are whether this position is at the bottom of the formation phase or is merely a brief pause in the decline.

From day to day, ETH has increased slightly by 0.48 per cent over the past 24 hours, with fluctuations ranging from $1708 to $1742. Although the decline has slowed somewhat, the buyout has not yet given greater confirmation of the trend.

The price went back to the neighborhood in 2021.

According to an analyst, Ali Martinez, current prices in the Taifeng are close to the March 2021 level of approximately $1700. This means that, if observed over a longer period of time, ETH, after having experienced a significant increase and a deep retreat, the price went back to the range of years ago.

This phenomenon does not represent the cessation of the development of the Taifung network itself, but it indicates that prices did not keep up with the full increase in the previous cow market phase. As a result, markets are now more focused on specific prices than on long-term narratives.

Market concerns $1060 and resistance above

According to Martinez, if the Taifung follow-up fails to provide a higher level of support, $1060 could become the next value zone of concern. If prices hold the current macro support and gradually recover the lost land, it is expected that in the short to medium term they will be in the order of $2850 and $4630.

  • US$ 1825: May be considered as an initial transmission signal
  • US$ 2000: enhanced trend level
  • $1,500 to $1,300: if again weak, or retest

Another analyst, Michaël van de Poppe, is more optimistic about medium- and long-term trends, but short-term markets still need to see key resistance on the price posts, with stronger trade, to confirm that the rebound base is stronger.

Technology indicators and exchange outflows

Short-line indicators have improved somewhat. The MACD column chart has been converted to a positive value, and the MACD line is located above the signal line, showing a decrease in empty motion and the market is trying to repair it.

But the two MCD lines are still below the zero axis, which is more like an early recovery than a reversal of the trend. RSI, though above its own average, is still below the neutral divide of 50, indicating that the buyer has not taken full control of the initiative.

According to CriptoQuant Analyst Rei Researcher, in June 2026 there was a wave of a net ephemeral outflow from Binance, when ETH prices were approximately US$ 1710. Increased outflows from the exchange usually mean that some holders transfer assets to cold wallets or pledge, which reduces the amount that can be sold immediately on the spot market and thus relieves some of the pressure on sales.