Ethereum Faces June Slump, Down 0.20% This Month

Ethereum has experienced a slowdown in June, aligning with historical trends that suggest further losses may be on the horizon. With half of the month already passed, the cryptocurrency is likely to continue this trend, as indicated by previous cycle data. The question remains: how far will the Ethereum price drop before it begins to recover?

Historical data from CryptoRank reveals that June is the second-worst month for Ethereum's price performance. The average and median returns for June are -6.56% and -5.65%, respectively, indicating a likely negative return for the month. Only September has worse average returns, with -10.7% and -13.6% for average and median returns, respectively. Over the past decade, June has ended in the green only three times, while six years have seen the month close in the red, including 2024 when Ethereum's price fell by 8.64%.

So far in June 2025, Ethereum has seen minimal gains, with a 0.20% increase at the time of writing. This suggests a continuation of the established bearish trend, exacerbated by the downward pressure on Bitcoin's price and the broader crypto market. If Ethereum follows its historical performance, the price could drop below $2,500 by the end of the month. However, there is still potential for recovery if Bitcoin's price continues to rise.

Despite the bearish trend in June, analysts remain optimistic about Ethereum's long-term prospects. Crypto analyst Crypto Patel predicts a possible short-term crash if the price drops below $2,500, with the next support level at $2,000. However, Patel maintains a bullish long-term outlook, forecasting Ethereum to reach $10,000. Another analyst, Ash Crypto, notes that Ethereum is forming a possible golden cross, which could drive the price to $3,500. Lord of Alts also expects Ethereum to follow a trend of consolidation, accumulation, and price expansion, with the potential to reach $6,000 by 2026.