• Ether hit 1658.16 earlier in the session and also traded 1531.65 earlier

• It traded down -2.38% after Europe's close despite upbeat risk sentiment

• Lower USD and US yields were unable to inspire Ether bulls

• Rallies in gold, silver, equities & a drop in USD/CNH didn't help bulls either

• Ether traded to a 19-session low and technicals still highlight downside risks

• Daily, monthly RSIs indicate downward momentum, Ether is below the 10-DMA

• June 6 daily low is support, if it breaks the 2025 yearly low comes into focus
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)