Expert Forecasts Ethereum (ETH) to Reach $3K Landmark in June

Ethereum (ETH), the second-largest cryptocurrency, is showing bullish trends, leading market analysts to predict a surge past the $3,000 mark by June. This optimism is fueled by sustained institutional inflows and positive technical indicators, despite the broader market trends. Ethereum's resilience is in stark contrast to the global crypto market, which has witnessed a 2% dip in the last week.

The immediate technical challenge lies in the $2,800 resistance which analysts believe will be difficult to breakthrough. However, the increasing institutional demand, particularly from BlackRock's Ethereum ETF (ETHA), improving technical structures, and positive on-chain sentiment combined with a conducive macro environment, are contributing factors making analysts confident that Ethereum can hit the $3,000 mark next month.