Ethereum Price Prediction: Saylor Says Confidence in ETH Has Collapsed As Analyst Points to $1,069

• ETH trades at $1,664 challenging a short-term downtrend after a liquidity sweep bottomed near $1,500
• Michael Saylor says ETH market confidence has collapsed with Bitcoin dominance climbing from 41% to nearly 70%
• Ali Charts flags $1,069 as a multi-year channel support that would present one of the best buying opportunities on the chart

Ethereum trades at $1,664 on June 15, bouncing from a liquidity sweep that bottomed near $1,500 earlier this month and now challenging a short-term downtrend line that has capped every recovery attempt since the June crash began.

ETH Daily Chart: Liquidity Sweep Done but Downtrend Still Intact

The daily chart shows a clean liquidity sweep below $1,500 followed by a recovery attempt that is now pressing against the descending trendline near $1,700. The candle range high sits at $1,…

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