Ethereum price breaks $1825 support on June 4. ETH traded near $1,777.96 after falling 5.07% in 24 hours.
The token also lost 10.21% over seven days as the wider crypto market stayed under pressure.
Why Ethereum price breaks $1,825 support now
Analyst Ali Martinez had called $1,825 a critical floor. “If $1,825 holds, expect a solid bounce back up toward $2,070 or even $2,360,” he wrote.
However, ETH closed below that level. Martinez warned that a close below $1,825 would weaken support and likely send ETH toward $1,500.
The 24‑hour range sits between $1,734.05 and $1,886.55. Buyers tried to defend the lower area, but sellers kept the pressure on.
Technical indicators remain bearish
The Supertrend stays red near $2,022.09. Since ETH trades below that level, sellers still control the current trend. To improve the chart, ETH would need to reclaim $2,000–$2,022.
The RSI sits at 18.61, deep in oversold territory. That shows strong downside momentum. Nevertheless, an oversold reading does not guarantee a rebound by itself.
The MACD also remains bearish. The MACD line is at -2,917.77, well below the signal line at -1,584.86. The histogram remains negative. A recovery would need the MACD line to flatten first.
On-chain data gives a mixed signal
Leon Waidmann noted that ETH on exchanges fell near 15.1 million, a multi‑year low. The staking rate reached a fresh all‑time high at 32.42%. More staking reduces liquid supply.
Ali Martinez also reported that Ethereum processed $9.92 billion in transaction volume on June 2. That marked the largest one‑day network spike in two months.
Therefore, price action is weak, but on‑chain data shows holders continue to stake and move ETH.
Treasury losses add pressure
Nasdaq‑listed FG Nexus bought 50,770 ETH for about $196 million between August and September 2025. The firm paid an average price near $3,860. It has now sold 36,025 ETH at about $2,330, recovering only $83.92 million. Cumulative losses on this treasury strategy have topped $85 million.
Key levels to watch
Immediate downside support sits around $1,700 to $1,717. A clean break below that zone would put $1,500 in focus. The deeper historical support remains near $1,400, where ETH found a low in April 2025.
On the upside, ETH needs to reclaim $1,825 first. A stronger recovery would require a daily move back above $2,000 and the Supertrend near $2,022.
