Ethereum Experiences Slowdown in June: Historical Trends Indicate Further Losses Ahead

Ethereum Experiences Slowdown in June: Historical Trends Indicate Further Losses Ahead

Ethereum is experiencing a slowdown in June, aligning with its historical performance patterns for this month. With half of the month already elapsed, predictions indicate that the altcoin may continue to follow this trend, as past cycle data suggests potential price declines ahead. The pressing question remains: how low will Ethereum's price drop before a recovery occurs?

Data from CryptoRank reveals that June historically ranks as the second-worst month for Ethereum's price. The average and median returns for this month are recorded at -6.56% and -5.65%, respectively, indicating that negative returns are likely. Only September, with an average decline of -10.7% and a median drop of -13.6%, fares worse. In the ten years since Ethereum's inception, only three Junes have concluded positively, while six years have seen losses, including a significant 8.64% drop in June 2024.

As of now, June 2025 has yielded minimal gains, with CryptoRank reporting only a 0.20% increase. This trend suggests a continuation of bearish momentum, particularly as Bitcoin faces downward pressure, dragging the broader cryptocurrency market with it. Should Ethereum follow its historical patterns, it may dip below $2,500 by the end of the month, although a rebound could occur if Bitcoin's price rises.

Despite the prevailing bearish sentiment, cryptocurrency analysts are optimistic about Ethereum's future price potential. Analyst Crypto Patel warns of a potential short-term dip if prices fall below $2,500, suggesting that $2,000 could be the next target. However, he maintains a long-term bullish outlook, projecting Ethereum could reach $10,000.

Another analyst, Ash Crypto, highlighted that Ethereum is on the verge of forming a golden cross, a bullish indicator that follows Bitcoin's recent pattern. Unlike Bitcoin, which typically takes months to fully realize a golden cross trend, Ash predicts that Ethereum's price will react swiftly, targeting $3,500. Additionally, crypto analyst Lord of Alts noted that Ethereum is currently following a three-phase trend: consolidation, accumulation, and eventual price expansion, forecasting a potential price of $6,000 by 2026.

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