$ETH As of June 6, 2025, Ethereum (ETH) is trading at approximately $2,460.11 USD, reflecting a slight decrease of 0.06389% from the previous close.
On June 5, 2025, ETH experienced a significant drop of about 7.90%, closing at $2,399.34.
The recent price movements suggest that Ethereum is currently in a consolidation phase, with key resistance levels around $2,660 and support near $2,590. Technical indicators, such as the formation of a "Triangle" pattern, point towards potential price fluctuations in the near term.
Institutional interest remains strong, evidenced by a net inflow of $11.3 million into Ethereum ETFs on June 5, 2025. This influx of capital may provide support for ETH's price and indicates growing confidence among institutional investors.
In summary, while Ethereum has faced recent price volatility, ongoing institutional investments and technical patterns suggest potential for future price movements.
