🌞 Summer Prospects of Ethereum
📉 Price: ETH fluctuates between $2,350–2,650. A breakdown below — path to $2,200. Growth is possible if it consolidates above $2,800.
📈 Macro: The Fed will not raise rates in June. Investors are cautious — focus is on the dollar and gold, crypto is under pressure.
🧱 Fundamentals: ETFs for ETH approved, institutional interest is rising. The Pectra upgrade improved scalability and staking. SharpLink bought 176k ETH.
📊 Sentiment: The market is calm. Predictions — growth to $2,900 in summer and possibly $3,450 if the backdrop is positive.
💡 Conclusion: ETH is strong fundamentally and dominates in DeFi. Summer could bring growth — if key levels are held and the macro environment is favorable.
Sources: CoinDesk, TheMarketPeriodical, Reuters, Binance Square, CoinSpeaker, Tangem.