In June 2025, Ethereum performed relatively actively. In late May, its price rebounded by about 45%, setting a good tone for June. As of June 13, affected by the conflict between Israel and Iran, Ethereum fell by over 10%. From a fundamental perspective, upgrades such as the 'Pectra' hard fork have improved network performance, its staking ecosystem is robust, and there has been good performance in the DeFi and NFT sectors, with continuous inflows of spot ETH ETF funds; however, caution is needed regarding the potential risk of a pullback.