Ethereum Monthly Analysis: Ethereum at $1,578 Below Key Moving Averages
Macro Market Overview Ethereum enters July 2026 trading at $1,578, a price level that paints a sobering picture of the current macro environment. The monthly candle structure reveals a prolonged distribution and markdown phase that has been unfolding since the local cycle highs near $4,000 established in late 2024, with price now having surrendered well…
