Cryptocurrency Market Performance on June 8, 2026

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 21 hours ago

ETH+0.365%

SOL+0.907%

WLFI+1.59%

Explore Agentic TradingLet AI Trade for You

Bitcoin Surge: As of 10:30 AM KST on June 8, BTC rose by 2.94% to $63,208.62, indicating sustained demand and potentially attracting more investors to the cryptocurrency market.
Ethereum's Strong Performance: ETH increased by 6.24% to $1,687.63, showcasing its robust application foundation in smart contracts and decentralized applications, further solidifying its market position.
Market Volatility: Among the top 100 cryptocurrencies, Audiera (BEAT) posted the largest gain of 65.33%, indicating significant speculative activity, while JUST (JST) recorded a steep decline of 6.66%, reflecting market instability.
Other Altcoin Movements: SOL climbed 4.15% to $66.18, and DOGE rose 2.63% to $0.08562, suggesting strong investor interest in these mainstream altcoins, which may drive their future market performance.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like ETH with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for ETH

Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Ethereum (ETH) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	993.062	1249.371	1525.382	1781.691	2057.702	2314.011	2590.022
Fibonacci	1249.371	1452.717	1578.345	1781.691	1985.037	2110.665	2314.011

About ETH

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on ETH?

Get Started Free