Ethereum, one of the leading altcoins in the cryptocurrency market, is currently facing a challenging month of June. Historical data suggests that June is typically a tough month for Ethereum, with negative average and median returns. This trend is consistent with previous years, indicating that the price of Ethereum is likely to continue its downward trend for the remainder of the month.
In fact, only three out of the ten years of Ethereum’s existence have seen positive returns in the month of June. The majority of Junes have ended in the red, with notable price drops like the 8.64% decline seen in June 2024. As of now, June 2025 has shown minimal gains, with a mere 0.20% increase recorded. This lackluster performance aligns with the bearish sentiment prevailing in the broader crypto market, particularly with Bitcoin exerting downward pressure.
If Ethereum follows its historical trajectory, there is a possibility that the price could plummet below $2,500 before the end of the month. However, a potential recovery may occur if Bitcoin’s price starts to rise. Despite the short-term challenges, some crypto analysts remain optimistic about Ethereum’s long-term prospects.
Crypto Patel, a prominent analyst, predicts a short-term crash if Ethereum falls below $2,500, with a potential dip to $2,000. However, he maintains a bullish outlook for the long run, forecasting Ethereum to reach $10,000. Another analyst, Ash Crypto, highlights a possible golden cross formation in Ethereum’s chart, signaling a target price of $3,500. Lord of Alts, another analyst, identifies three key trends for Ethereum – consolidation, accumulation, and price expansion, projecting a price as high as $6,000 by 2026.
Overall, while Ethereum may face short-term challenges in June, the long-term outlook remains positive according to various crypto analysts. As the crypto market continues to evolve, Ethereum’s resilience and potential for growth make it a compelling investment option for those looking to diversify their portfolios.