Ethereum (ETH) continues to trade around $2,430, showing resilience after a slight correction. Traders are keenly watching for the possibility of ETH surging past key resistance levels.
ETH Technical Setup and Market Sentiment
ETH is hovering just above a critical support zone around $2,400. If this level holds, the next resistance sits between $2,500 and $2,550. Recent ETF inflows have created strong bullish sentiment, with analysts noting a gradual return of institutional confidence.
Bullish Targets Before Month-End
If bullish momentum continues, these are the short-term upside targets for Ethereum:
- **Base Case:** $2,500–$2,550 - **Bullish Case:** $2,600–$2,650 - **Extreme Bullish:** $2,750+ (less likely by June)
Downside Risk to Watch
If ETH breaks below $2,370–$2,400 support, the price could retest $2,300 or even dip toward $2,250. Bitcoin dominance is another factor—if BTC soars while altcoins stall, Ethereum might underperform in the short term.
With the current ETH price at $2,430, there is room for Ethereum to climb before June ends, especially if $2,500 breaks with strong volume. A realistic top-side target remains around **$2,600–$2,650** assuming no major market disruptions.
