Ethereum’s $1,750 Sell Wall: Can ETH Bulls Break Free?

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<a href="https://pricpr.com/eth-usd/">Ethereum</a> Faces Whale Pressure: Can <a href="https://pricpr.com/eth-usd/">ETH</a> Survive the $1,750 Sell Wall?

Ethereum is currently trading around $1,649. Large holders on cryptocurrency exchanges Binance and Coinbase are selling near $1,750 and $1,655, which is putting downward pressure on the price of ETH.

Ethereum’s price is dropping again as major investors are hindering its attempt to bounce back. Currently, ETH is trading around $1,649, down about 2.4% from yesterday.

Large Binance traders are creating a significant selling pressure around $1,750, which is now a crucial price point for buyers. If the price can break above this level, it could signal a shift away from the current downward trend.

Large Coinbase investors are creating another potential resistance level around $1,655. This price point is significant because Ethereum is currently trading near it.

Ethereum is currently trading between $1,500 and $1,750. Traders are now focused on whether buyers can maintain support levels and push the price higher.

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ETH Struggles Near Key Sell Walls

Ethereum has briefly risen from its recent lowest prices, but this doesn’t signal a change in its overall short-term downward trend. The price is still trading below the important $1,750 level.

Large ETH holders on Binance are creating a strong buying zone around $1,750. Traders are closely watching this price level, as a decisive move above it could signal increased buying interest in Ethereum.

Large Coinbase traders are contributing to selling pressure around the $1,655 price point. Because Coinbase is heavily influenced by trading in the U.S., this level is a key area to watch. Currently, Ethereum is finding it difficult to move past this price.

Ethereum’s price is currently stuck fluctuating between $1,500 and $1,750. Buyers are working to prevent the price from falling further, while sellers are preventing it from rising significantly.

Binance $ETH whales are applying downward pressure by forming a sell wall at $1,750.

Large Coinbase investors are creating a significant barrier to buying around $1,655, and major U.S.-based investors are consistently preventing the price of Ethereum ($ETH) from increasing.

— CW (@CW8900) June 9, 2026

Bulls Need $1,750 to Shift Momentum

Ethereum traders are now watching the $1,750 price point closely. If the price goes above $1,750, it could signal a stronger recovery and ease some of the recent selling pressure.

Ethereum has been experiencing a recent trend of price drops followed by weak recoveries. Each time the price bounces back, it quickly falls again. As a result, traders are hoping to see Ethereum stay above the $1,750 level.

As an analyst, I’m watching ETH closely. If it can break above its current resistance, I expect we could see a move back towards the $2,100 level – that’s where the next significant resistance lies. But first, Ethereum needs to overcome the selling pressure we’re seeing at these prices.

For now, the market is proceeding with caution. Traders are particularly focused on the $1,500 to $1,750 price range, as a move above or below this level could indicate the next short-term trend.

$ETH Good initial bounce and okay weekly close all things considered.

For the price to start moving upward, buyers need to push it back above $1750, overcoming the recent pattern of falling prices and repeated tests of lower levels.

I would consider retaking $1750 a sign of strength and would start targeting that major $2.1K area…

— Daan Crypto Trades (@DaanCrypto) June 9, 2026

Technical Indicators Remain Weak

The price chart continues to suggest a downward trend for Ethereum. It’s currently trading below key Fibonacci levels after falling below $2,229, which previously provided strong support.

The MACD indicator is also suggesting a lack of strong price movement. This is because the MACD line is still trending below the signal line, and the histogram remains in negative territory.

The Relative Strength Index (RSI) is around 26, indicating that Ether (ETH) may be oversold, meaning its price has likely fallen sharply. While this suggests a potential bounce, it doesn’t guarantee a sustained price increase.

Looking at the current market, I’m seeing support levels around $1,600 and then $1,500. If Ethereum breaks below these, we could see a move down to $1,400. However, to the upside, the bulls will need to clear $1,750 to have a realistic shot at retargeting $2,100.

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2026-06-10 05:31