Monthly RSI prints the lowest reading since 2015
Ethereum’s price crash has pushed ETH below $1,800, and the monthly momentum picture is getting worse, not better. NewsBTC reports that the monthly Relative Strength Index (RSI) on the ETH/USD pair has dropped to its lowest level since Ethereum began trading in 2015, with the indicator falling to around 40 on the monthly timeframe.
NewsBTC frames this as a “setup” with historical echoes. It points to two prior episodes. In 2020, a deep RSI reset preceded a major rally from roughly $88 toward the 2021 peak above $4,800. In 2022, another deep RSI reset appeared before ETH rallied from around $880 to the 2025 all-time high.
The important caveat comes straight from the same source. NewsBTC says the current reading is not a guarantee that previous rallies will repeat. Still, it argues the present conditions match the type of momentum zone that tends to show up closer to cycle lows than cycle tops.
Price damage continues under bearish sentiment
NewsBTC ties the RSI drop to broader market weakness. It says the broader crypto market sentiment has turned heavily bearish during the same period that ETH is slipping. ETH has endured “nine months” of decline since it peaked at $4,946 in August 2025.
The article adds a concrete timeline. Ethereum broke below $1,800 in June and fell to as low as $1,536 in the past 24 hours, which it calls the lowest price level so far in 2026.
In the immediate term, NewsBTC highlights one practical level for participants watching flows and positioning. At the time of writing, the token trades at $1,612, and the article says bulls’ immediate task is defending the $1,600 region with stronger inflows.
Spot ETH ETFs: outflows return after a brief pause
If RSI is the slow, monthly signal, spot ETF flows are the daily gut check. NewsBTC reports that spot Ethereum ETFs ended a 17-day streak of outflows on Thursday, June 4, posting $19 million in net inflows.
That relief reportedly did not hold. NewsBTC says Friday’s session returned to negative territory with $5.97 million in net outflows.
That flow flip matters because ETF data can act as a real-time measure of how much incremental demand is showing up, or failing to show up, while spot price action is weak.
What “historical” patterns can and cannot do
NewsBTC leans on a cycle read as well. It says the monthly candlestick timeframe suggests ETH is moving through another four-year cycle, similar to the move from the 2017 top to the 2021 top. It also notes an illustrative projection in the chart image, with a possible top around $10,000 sometime in 2026 to 2027.
This is where the desk stays skeptical. Even if RSI resets line up with prior bottoms, markets do not rerun on a strict schedule. NewsBTC itself calls out the lack of certainty. RSI at an extreme can mean downside momentum is already compressed, but it does not remove the risk that volatility extends or that other catalysts fail to materialize.
Key facts from NewsBTC
| Topic | What NewsBTC reports | Why it matters |
|---|---|---|
| Monthly RSI level | Lowest reading since ETH launched in 2015, around 40 | Signals extreme monthly momentum weakness |
| Recent price prints | Below $1,800, down to $1,536 in past 24 hours | Confirms the pressure behind the indicator |
| 2020 and 2022 analogs | Deep RSI reset before major rallies | Explains why traders watch RSI bottoms |
| Spot ETH ETF flows | June 4 net inflows of $19M after 17 days outflows, then June 5 net outflows of $5.97M | Shows whether demand re-appears alongside the price drop |
The next deadline is about flows, not RSI alone
NewsBTC’s bottom line is a “momentum zone” argument, not a promise. The monthly RSI low sets a technical context, but the same article shows ETF demand can flip quickly. For ETH as an asset with risk, the practical watch item is whether stronger inflows return after the ETF outflow on Friday, while $1,600 remains a near-term reference point.
The desk does not treat a single oscillator extreme as a calendar marker. It can be a warning that conditions are stretched, or it can be the start of a longer grind. The only reliable part here is the data NewsBTC cited: monthly RSI at an all-time low for ETH, and ETF flows that briefly improved then turned negative again.