$ETH
Price Outlook of Ethereum (ETH): Bullish or Bearish?
As of June 2025, Ethereum (ETH) shows **mixed signals** but leans **bullish** in the medium to long term.
**Bullish Factors:**
- ETH is trading at **$2,756**, with analysts predicting a potential increase to **$4,901–$5,950** in 2025 if institutional adoption accelerates.
- A **bullish engulfing pattern** on weekly charts suggests upward momentum, with potential tests of its ATH (~$4,864).
- ETH ETFs in the market continue to have **positive net flows**, indicating institutional demand.
**Bearish Risks:**
- Short-term volatility persists, with ETH testing key supports at **$2,260–$2,500**. A break below could trigger a 10% drop.
- The breakout of an ascending wedge and rejection at the 200-day SMA highlight short-term resistance.
**Verdict:** Long-term bullish bias, but caution is advised in the short term.