On Friday, June 6, 2025, the #Ethereum ($ETH ETH) experienced significant fluctuations in the cryptocurrency market.

📉 Current Price and Fluctuations

• Current price: Ranges between $2,420 and $2,512, depending on the platform.

• Lowest price of the day: Approximately $2,387.

• Highest price of the day: Approximately $2,583.

• Daily change: A decrease of 2% to 7% over the past 24 hours.  

📊 Factors Affecting the Market

• Long position liquidations: The market saw significant long position liquidations worth nearly $250 million, increasing selling pressure and leading to a price drop.

• Dispute between Donald Trump and Elon Musk: The public dispute between former U.S. President Donald Trump and Tesla CEO Elon Musk shook investor confidence, contributing to the decline in Ethereum and other cryptocurrencies.

🔮 Future Predictions

• Positive scenario: If the price can break through the resistance level at $2,750, it may target levels of $3,000 to $3,300 during June. 

• Negative scenario: If support at $2,200 is broken, the price may head towards $2,000 or lower

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