Ethereum Hits 14-Week Low as ETF Outflows Top $847M

- Ethereum drops below $1,814 as US ETF outflows reach $847 million - Weak demand and negative technical signals raise risk of further declines On June 4, 2026, Cointelegraph reported that Ethereum (ETH) had dropped to $1,814, its lowest level since February, as prolonged outflows from US-based spot Ethereum exchange-traded funds (ETFs) and weak US investor demand threatened the $1,800 support zone. According to Cointelegraph on June 4, US spot Ethereum ETFs have recorded outflows for 16 consecutive days, totaling nearly $847 million, and these outflows are intensifying sustained selling pressure. In addition, a negative Coinbase Premium is signaling ongoing sell-offs from US investors. Meanwhile, technical factors are also contributing to Ethereum’s vulnerability. The daily Relative Strength Index (RSI) has fallen as low as 25, and market analysts note that the weak cost-basis distribution between $1,800 and $1,200 offers little support in this price range. Therefore, if Ethereum fails to hold the $1,800 level, analysts warn of possible sharp declines toward $1,700 or even $1,200, due to limited demand at these lower price points. As of 01:09 UTC on the same day, Ethereum (ETH) was trading at $1,791.28, while 24-hour trading volume had decreased by 3.65%, according to CoinMarketCap.