Ether Price Faces Selling Pressure as ETH Struggles Below $1,700

Ethereum Market Signals Raise Fresh Concerns

Ether is facing renewed pressure as weak demand, rising exchange inflows and falling futures activity point to possible downside risks for the cryptocurrency market. ETH has dropped nearly 30% over the past six weeks and continues trading close to the important $1,700 support zone.

Market data shows Binance recorded net inflows of around 57,700 ETH in recent days. Large inflows to exchanges are often viewed as a sign that investors may be preparing to sell holdings. At the same time, the number of new ETH depositors remains low, suggesting limited fresh buying interest in the market.

ETH Futures and Leverage Activity Decline

Ether futures open interest has fallen sharply to $10.3 billion from $15 billion a month earlier, marking the lowest level since April 2025. The estimated leverage ratio also dropped significantly after reaching record highs in early June.

Analysts say the next key support area remains between $1,400 and $1,700. If selling pressure increases, ETH could test lower levels near the April low around $1,384 before buyers attempt another recovery.