Ethereum slid to the $1,800 area, with the market watching whether it can hold the key support zone. Cointelegraph reported it fell as low as $1,814 on June 3, the lowest in 14 weeks. Analysts cited weakening technical structure and an RSI at 25. Traders warned a break of $1,800 could open a move below $1,700 or toward $1,600, while on-chain data showed relatively weak demand between $1,800 and $1,250.

Retail investor demand in the bitcoin market has fallen to its weakest level this year, while whale accumulation is showing its strongest signal in 18 months. Entities holding at least 1,000 BTC totalled 1,282 as of May 22. Bitcoin’s apparent demand fell to about minus 147,000 BTC, the weakest since December 2025. The crypto fear and greed index stayed in fear territory, while large holders added 47,000 BTC in 14 days.