#Ethereum Likely To Crash Below $1,000 - Benjamin Cowen.

In a new strategy session, Cowen tells his 790,000 YouTube subscribers that historically, #ETH often “tests the integrity” of its major cycle lows at least twice before moving into a new bull phase.

#Optimism bridge TVL exceeds 700,000 #ETH.

According to the latest data from Dune, the #Ethereum Layer 2 solution Optimism has bridged a TVL of over 700,059 ETH and has surpassed 341,000 total user addresses.

#Grayscale, #Coinbase meet with SEC about spot #ETH ETFs.

Sharing information to support their push to secure regulatory approval for spot ether ETFS. #Grayscale is trying to convert its Ethereal Trust into a spot ether #ETF.

Liquid restaking protocols now control almost 5% of staked #ETH, most of which was staked in 2024.

🔥$169.9M Liquidated in last 24 Hrs.

Long Liquidation : $38.7M 📈

Short Liquidation : $131.2M 📉

📊High Liquidations : (#Binance)

Longs : #BTC $4.8M, #ETH $2.9M, #SOL $2.1M, #TRB $844.0K

Shorts : BTC $17.4M, ETH $16.6M, SOL $2.3M, DOGE $1.5M

Though #ETH has still got potential to grow we are locking our profit on this Scalp Trade!

Stay tuned for more such Trades!

#ETHUSDT has been trading bearish overall inside the descending wedge, which is marked in red and green.

Currently, it is approaching the lower border of the wedge.

Additionally, $3000 is a strong and distant support. Therefore, the 3000 - 2900 range is a strong area to look for buy setups, as it is the intersection of support and lower trend lines that act as non-horizontal support.

As #ETH approaches the support range, I will look for bullish reversal setups (such as a double bottom pattern, trendline breakout, etc...) Always follow your trading plan in terms of entry, risk management, and trade management.

#ETH BEAR TRAP CONFIRMED

$10K ETH IS COMING THIS CYCLE.

Whales holding 1k–10k #ETH are aggressively accumulating, adding over 800K ETH/day recently.
June 12 saw a record 871K ETH inflow—their largest daily increase in 2025.
Their total holdings now exceed 14.3M ETH, nearing all-time highs.
This trend signals strong institutional confidence and reduced market supply.
Combined with ETF inflows, Ethereum looks poised for a potential breakout above $3,000.

#ETH bounced strongly from the $2,000–$2,150 demand zone, confirming it as solid support.
A continuation toward the upper trendline is likely if momentum sustains above $2,550.
Losing the $2,150 level could invalidate the bullish setup and signal deeper retracement.