Ethereum tests $1,500-$1,560 support as selling pressure offsets treasury buying

ETH stayed under pressure around June 30 as quarter-end selling, whale distribution and weak institutional flows weighed on price, even while corporate treasury accumulation continued and Robert Kiyosaki’s long-term $95,000 forecast resurfaced in market discussion.

ETH

Summary

Ethereum traded around $1,560 to $1,580 near June 30, with traders focused on the $1,500-$1,560 support area as quarter-end selling, whale distribution and weak institutional flows limited any rebound. The report said continued corporate treasury accumulation has not been enough to offset softer near-term demand. The move also renewed attention to Robert Kiyosaki’s long-term $95,000 forecast for Ethereum, although the available information did not provide new details on the basis or timing of that target.

Terms & Concepts
  • support zone: A price area where buying may emerge and slow declines.
  • whale distribution: Large holders selling into the market.
  • institutional flows: Capital moving in or out from professional investors.