ETH Market Analysis 2026.06.09 The support level of 1500 was given on June 5th, and then ETH fell to 1505.68 before rebounding. Has the rebound ended now? The gains and losses of the 1585-1595 line are crucial (as shown in the red support range). If ETH does not fall below this level this week, there is still hope for the rebound level to expand. 1505.68-1721.93 is only the first wave of rebound, and 1721.93 started to run as a correction against this upward trend. After finding the end point of the correction, there will be another rebound at the same level; If it falls below the 1585-1595 line this week and cannot recover later, 1505.68-1721.93 may be the entirety of the rebound. Under this path, it is a rebound against the blue line shown in the chart, and the rebound level is relatively small. Therefore, ETH may still have a low point at the end of June or early July. The current situation is that the key positions have not been broken up or down, and we will keep an eye on them until they are broken.