Ethereum has fallen again, and it is uncertain whether it can hold above 2150. ETH/BTC has also returned to levels seen a month ago, and it may continue to decline further.
Currently, the situation in Israel is likely to remain tense in the short term, while the possibility of negotiations is low to moderate. If the conflict continues or escalates, it will directly impact the global economy, especially with chain reactions such as shipping disruptions.
Market sentiment is currently in a state of panic, and there are no clear signs of price stabilization; it is evident that these macro risks have not been fully digested yet.
Therefore, my prediction for the subsequent market is as follows:
55% probability: sideways movement or slow decline (range approximately 2000–2400)
30% probability: significant drop triggered by chain events or further escalation (breaking below 1800–1900)
15% probability: sentiment reversal leading to a strong rally (breaking above 2400–2500)
Overall, in the short term, short positions or holding cash are the more prudent choices, and I do not recommend blindly trying to catch the bottom.
Unless there is an extreme sentiment reversal or sudden positive news, it is highly unlikely that there will be a strong reversal this June.
Do Your Own Research (DYOR), not financial advice.
