$ETH

Ethereum Price Outlook for This Month

Recent performance and analyst forecasts indicate a mix of cautious optimism:

🔻 Short-Term Dip & Recovery

ETH recently slid ~6%, fluctuating between $2,450–2,600, influenced by macro sentiment and political headlines .

Support levels to watch: $2,434–$2,500. If these hold, a rebound above $2,550–2,560 could trigger further gains .

📈 Bullish Scenarios

Changelly expects a 0.98% drop by June 11, near $2,540, with neutral–bullish sentiment (Bullish 60%, Greed index 62) .

Crypto.news highlights a potential breakout: Triangle formation pointing at $2,800, possibly leading to $3,760 if confirmed .

CCN and CoinCodex suggest a rally to $2,749–3,069, with CoinCodex seeing a rise to $2,827 by June 14 (+9.8%) .

📊 Broad Trading Range Forecasts

Binance projects ETH rising ~5% this week to around $2,694, ascending slowly toward $2,700–2,800 .

LongForecast anticipates a June average of $2,501, with highs up to $2,793 and lows down to $2,186 .

CoinDCX/Bitget expect ETH to trade within $2,300–3,000—breakout above $3k possible with strong volume .

⚠️ Risk Factors

Weakness below $2,344–2,300 could drag ETH down further .

Broader macroeconomic pressures (e.g., U.S. inflation, Fed policy, geopolitical events) remain key drivers .

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🔍 Summary Table – June Outlook

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💡 Key Takeaways & What to Watch

Support levels at $2,434–2,500 are critical—holding these may signal stability.

Breakout zone sits at $2,550–2,600. A sustained move above could open a path to $2,800+.

Catalysts: Spot ETF inflows, further Pectra upgrade updates, improved staking demand.

#Ethereum #BTC110KSoon?