⚠️ Ethereum under pressure: what is happening with ETH?
As of June 2, 2025, the price of Ethereum is around $2,500, showing a decline after a recent rise to $2,789 at the end of May.
📉 Current situation:
Support: $2,445–$2,475
Resistance: $2,545–$2,577
Technical indicators: MACD and RSI indicate a bearish trend, and the price is below the Ichimoku cloud, confirming the negative market sentiment.
🧠 What does this mean for investors? The current dynamics may present an opportunity for long-term investors, considering fundamental factors:
Increased interest in ETH-ETF with an inflow of $286 million.
Ongoing development of the Ethereum network and implementation of updates.
⚠️ Important: Any investments carry risks. Conduct your own analysis before making decisions.
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