Ethereum Forecast for July 2026: Bearish Pressure and Reversal Zone
Ethereum ends June 2026 in a subdued state. By the end of the month, the cryptocurrency is trading nearly $500 cheaper than a year earlier. To understand where ETH might move in July, I analyzed the opinions of leading market experts and technical levels.
Technical Levels: Where the Bears Are and Where Support Lies
Financial manager and crypto analyst Nikita Kutsenko believes ETH will be tied to Bitcoin's dynamics. He estimates the summer trading range at $1650–1390. "ETH will experience the full complexity of BTC's situation and will likely move toward $1390 in July — the April 2025 low," the analyst notes.
Nikolay Dudchenko, an analyst at FG Finam, looks at the situation through near-term technical levels. According to him, everything will depend on whether the bears can break the $1500 mark: if they do, the next target will be the $1400 level, and further down the line, the bears could reach $1200 — the 2022 lows. At the same time, he calls the situation ambiguous. On the long-term timeframe, the price is testing a trendline formed by the lows of June–July 2022, November 2022, and April 2025. "A bounce from this level and an upward price correction cannot be ruled out," Dudchenko noted. In his opinion, a fairly strong deviation of the price from the moving average also supports a correction. Now, the analyst believes, it is important to wait for confirming signals.
Oleg Reshetnikov, an equity market expert at BCS World of Investments, set a base range of $1385–1850. He noted that network metrics and recent news surrounding the Ethereum Foundation do not add optimism. "Ethereum may look weaker than BTC due to its higher sensitivity to the overall risk-off sentiment," the expert explains.
A Long-Term Investor's Perspective
Alexander Ryabinin, a portfolio manager and lecturer at SF Education, views the market from a different angle. In his assessment, Ethereum is under pressure, like the entire altcoin market, but this market is starting to become more resilient, reflecting simple logic: there is nowhere left to fall. People are panicking, everyone who wanted to sell has already sold, and both weak and strong hands have been shaken out of the alt market. "I think the bottom has been passed or is close. Prices are attractive for long-term investing," the expert says. At the same time, he notes that the price could still go lower, and he is gradually building a portfolio of strong assets.
Conclusions
All four experts agree that ETH is currently under pressure and closely tied to Bitcoin's dynamics and the overall risk-off sentiment. The lower bounds of their forecasts also coincide: Nikita Kutsenko (minimum $1390), Nikolay Dudchenko (bear target $1400), and Oleg Reshetnikov (lower end of range $1385). Range $1385–1400. Dudchenko, unlike his colleagues, allows for a drop to $1200.
Discrepancies are visible in the upper bound. Kutsenko is cautious with the ceiling ($1650), while Reshetnikov ($1850) and Dudchenko allow for a wider upward move. Alexander Ryabinin stands out in terms of sentiment: unlike his technically oriented colleagues, he views the situation as a long-term investor and believes the bottom has been passed or is close. Dudchenko partially echoes this, not ruling out a bounce from the long-term trendline.
The common denominator: ETH's fate is being decided at the $1500 (resistance) and $1385–1400 (support) levels, while the market is still waiting for confirmation of a reversal.
My comment: The expert consensus points to the $1385–1400 zone as key support. A confirmed break of this level would open the door to $1200, but it is here, I believe, that a local bottom will form for aggressive buyers. Watching the price reaction.