📊 Ethereum (ETH) Price Overview – June 5, 2025

Current Price: $2,607.93

24h Change: -0.88%

24h High / Low: $2,667.15 / $2,606.05

Market Cap: ~$314.5B

24h Trading Volume: ~$17B

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📈 Recent Price Fluctuations

Past Week: ETH has declined by approximately 2.77%

Past Month: ETH has increased by about 43.31%

Past Year: ETH has decreased by around 31.58%

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🔍 Market Insights

Ethereum is currently consolidating between $2,500 and $2,800, with declining volume and reduced volatility. This consolidation phase suggests that traders are waiting for a clearer market direction. A breakout above $3,500 could potentially trigger a rally toward $12,000. However, if support at $2,500 fails, a deeper correction may occur before any breakout.

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🧠 Trading Considerations

Support Level: $2,500

Resistance Level: $2,800

Potential Breakout Point: Above $3,500

Long-Term Target: $12,000 (if breakout occurs)