07.06.2025

Ethereum Under Pressure: Threat of a Price Drop to $1,400?

Current Price and Market Development

The current price of Ethereum is approximately $2,497.68 (as of June 6, 2025). Despite the strong performance in May, a decline is now evident, indicating chart technical weakness. A drop to $1,400 would represent a significant correction.

Chart Technical Analysis

  • Bullish Pattern: In the past, Ethereum has formed a bullish pattern suggesting an ascending triangle. However, this pattern may be broken, increasing pressure on the price.
  • Resistance Line: The resistance line is just below $3,900. A break of this line could push the price further down.

Forecasts and Expectations

  • Short-Term Forecasts: Some forecasts expect the price to reach up to $3,500 in June 2025, which, however, depends on the current market situation.
  • Long-Term Perspective: Despite short-term uncertainties, Ethereum remains relevant in the long term, especially due to technological advancements such as the Pectra upgrade.

Impact on Investors

  • Risks: A price drop to $1,400 would mean significant losses for investors who have invested in Ethereum in recent months.
  • Opportunities: On the other hand, such a decline could also present a buying opportunity for long-term oriented investors who are hoping for a market recovery.

Overall, Ethereum is currently under pressure, and market development is volatile. Investors should prepare for possible price corrections and adjust their strategies accordingly.