$ETH

As of June 1, 2025, Ethereum (ETH) is trading at approximately $2,504.47, reflecting a slight decline of 0.87% over the past 24 hours. The day's trading has seen ETH fluctuate between an intraday low of $2,504.43 and a high of $2,545.47.

Earlier in the day, ETH experienced a brief dip below $2,500, reaching a session low near $2,497. This movement was attributed to a sudden spike in trading volume, sparking speculation about significant holders, or "whales," offloading their positions. $ETH

Despite this volatility, market sentiment remains cautiously optimistic. Analysts point to factors such as the upcoming Pectra network upgrade and increased institutional interest as potential catalysts for a price rebound. Some forecasts suggest that ETH could rally toward $3,069 in the near term, provided bullish momentum continues.

However, traders are also mindful of macroeconomic factors, including potential shifts in Federal Reserve policies and inflation data, which could influence market dynamics. As Ethereum navigates these variables, investors are advised to stay informed and exercise caution in their trading decisions.$ETH