$ETH ## 📊 Ethereum (ETH) Price Analysis for June 2025
### 📈 **Key Technical Forecasts**
1. **Bullish Technical Patterns**:
- **Bull Flag**: This pattern formed after a sharp rise (flagpole), and breaking the $2,570 level indicates a potential target of **$3,069** by mid-June.
- **Golden Cross**: Appeared when the 50-day moving average crossed above the 200-day moving average near $1,670, reinforcing the bullish trend and supporting a breakout above $2,800.
- **Similarity to the 2020 Pattern**: The "Symmetrical Triangle" pattern seen in Ethereum in 2020 is repeating, suggesting a rise to **$3,800** if the price stays above $2,500.
2. **Support and Resistance Levels**:
- **Key Resistance**: $2,691 (must be broken to confirm bullish momentum).
- **Strong Support**: $2,316–$2,402 (where 64 million ETH accumulated for profitable wallets).
- **Critical Support**: $2,200 (falling below this may lead to a drop to $1,960).
3. **Mixed Technical Signals**:
- **RSI Indicator**: At 54.78 (daily timeframe), indicates moderate bullish momentum without overbought conditions.
- **Bollinger Bands Contraction**: Indicates potential volatility and strong price movement nearby.
- **MACD (4-hour timeframe)**: Slightly bearish signals (-10.86) suggest temporary consolidation before a decisive move.