CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2025-06-02 11:10:20

Ethereum (ETH) Price Prediction for 3rd June 2025: Can Bulls Reclaim the $2,500 Pivot Amid Ongoing Selling Pressure?

After stalling beneath key resistance levels for much of the previous week, the Ethereum price today has once again slipped into a corrective mode, triggering concerns of renewed downside. As of writing, Ethereum price is trading near $2,481, down over 2% in the last 24 hours. This drop comes after repeated failures to break above the $2,580–$2,600 supply zone, with price gradually compressing under a descending resistance trendline. What’s Happening With Ethereum’s Price? ETH/USD price dynamics (Source: TradingView) On the 4-hour chart, Ethereum price action has decisively broken below a short-term ascending support line, confirming bearish continuation within a broader consolidation pattern. Price has moved back into the $2,460–$2,500 demand region, a critical area where bulls have previously defended short-term downside. However, recent momentum suggests waning buyer strength. ETH/USD price dynamics (Source: TradingView) Multiple breakdown attempts since May 30 have kept ETH capped under the $2,530–$2,550 intraday resistance zone, with trendline pressure pushing price into tighter ranges. The chart structure now resembles a descending triangle, a … The post Ethereum (ETH) Price Prediction for 3rd June 2025: Can Bulls Reclaim the $2,500 Pivot Amid Ongoing Selling Pressure? appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.