ethereum:native Market Analysis 2026.06.08 The support level at 1500 mentioned on June 5th has held up, and since then, $ETH has rebounded by 14%. What’s next? Let’s use the green Gann angle 3/1 (1794) as a reference to determine whether the rebound from 1505 can expand further: - If $ETH can hold above 1794 on the daily chart and doesn’t fall back, the rebound from 1505 is likely targeting the entire red downtrend shown in the chart. In this scenario, the rebound level from 1505 would be significant, with considerable upside potential. - However, if $ETH fails to break above 1794 this week or next, the rebound might only be targeting the blue downtrend shown in the chart. In this case, once the rebound ends, $ETH could face the risk of further decline. Recently, $ETH’s rebound strength has been outperforming $BTC. Will it maintain this momentum, or is it just a flash in the pan?