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Ethereum Price Prediction: Will ETH Hit $3000 Amid Bullish Whale Activity and Technical Crossroads?

#ETH

  • Technical Crossroads: ETH trades below 20-day MA but maintains bullish MACD momentum
  • Whale Activity: Significant accumulation (871K ETH) contrasts with bearish pressure
  • Golden Cross Potential: Approaching technical pattern could trigger breakout attempts

ETH Price Prediction

Ethereum Technical Analysis: June 2025 Outlook

ETH is currently trading at $2,533.11, slightly below its 20-day moving average of $2,574.36, suggesting potential resistance at this level. The MACD indicator shows bullish momentum with a positive histogram value of 14.4257. Bollinger Bands indicate volatility with prices hovering NEAR the middle band, while the upper band at $2,760.12 may act as next resistance.

"The technical setup shows ETH is consolidating after recent gains," said BTCC analyst Olivia. "A sustained MOVE above the 20-day MA could signal renewed upward momentum toward $2,800."

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Mixed Signals for Ethereum Amid Whale Activity and Technical Developments

The market shows conflicting signals with strong whale accumulation (871K ETH) and institutional ETF inflows contrasting with bearish technical pressure. The approaching golden cross formation and short squeeze speculation create potential for volatility.

"While whale activity is bullish, the network faces challenges like Polygon''s zkEVM issues," noted BTCC''s Olivia. "The golden cross could trigger breakout attempts, but $3,000 remains a psychological barrier."

Factors Influencing ETH''s Price

Ethereum Faces Bearish Pressure Despite Whale Accumulation and Strong ETF Inflows

Ethereum''s price stagnates at $2,520 despite significant whale activity and record ETF inflows. Whale wallets accumulated 800K ETH daily last week, with 1K-10K wallets now holding over 14.3 million ETH—the largest daily net inflow since 2017. Meanwhile, US spot ETH ETFs saw $528 million in weekly inflows, marking their strongest performance since December.

The divergence stems from investors employing delta-neutral strategies, leveraging both spot accumulation and short positions in futures markets. Over 35 million ETH (29% of supply) remains staked, creating competing pressures on price action. Technical resistance at the 200-day SMA has amplified bearish momentum, with ETH down 2% Wednesday.

Ethereum Golden Cross Approaching – Will History Repeat?

Ethereum demonstrates resilience amid geopolitical tensions, holding steady above $2,500 despite recent market volatility. The asset now faces a critical test at the $2,675 resistance level—a barrier that has repeatedly capped upward moves in recent weeks. A decisive breakout could ignite momentum toward $3,000.

Technical analysts spotlight an impending golden cross formation, where Ethereum''s 50-day moving average prepares to overtake its 200-day counterpart. Historical patterns suggest such signals often precede significant rallies—the last instance saw ETH surge 35% within weeks. Market participants remain divided on short-term direction, but the technical setup favors bulls if support holds.

The altcoin market watches closely as Ethereum consolidates within a six-week range. Confirmation of both the golden cross and a breakout above $2,675 may trigger cascading Optimism across crypto markets. "These formations have historically marked acceleration points," notes analyst Ted Pillows, suggesting the coming days could determine Ethereum''s medium-term trajectory.

Polygon’s zkEVM Faces Operational Challenges Amid Leadership Shifts

Polygon’s zero-knowledge ethereum Virtual Machine (zkEVM), acquired through a $250 million purchase of Hermez in 2021, is reportedly operating at an annual loss exceeding $1 million. Research lead Lorenz Lehmann of GrowThePie asserts that development on the chain has been ''quietly discontinued,'' with no adoption of Ethereum’s Blob data structure—a critical upgrade for reducing rollup costs.

The chain’s struggles coincide with significant leadership changes at the Polygon Foundation. Co-founder Sandeep Nailwal has assumed the CEO role following the departure of Mihailo Bjelic, leaving Nailwal as the sole founding member actively involved. Previous co-founders Jaynti Kanani and Anurag Arjun exited operational roles in 2022.

While Polygon has publicly targeted 2026 for zkEVM’s sunset, Lehmann suggests the wind-down process is already underway. The lack of Blob integration and dwindling development efforts signal a strategic pivot, though official communications downplay the urgency.

Ethereum Whales Accumulate 871K ETH as Institutional Interest Signals Potential Breakout

Ethereum dipped 3% to $2,555, testing its prolonged consolidation range between $2,400 and $2,800. Despite the pullback, the asset''s $308 billion market cap and $25 billion daily trading volume underscore its resilience. Analysts eye the 50-day moving average NEAR $2,333—a historical launchpad for rallies—as critical support. A hold above this level could pave the way for a $3,000 breakout, with summer gains potentially eclipsing current expectations.

On-chain data reveals aggressive accumulation by whales, with wallets holding 1,000–10,000 ETH scooping up 871,000 tokens in a single day—the largest daily inflow since 2017. These entities now control 14.3 million ETH, signaling conviction in Ethereum''s upside. BlackRock and Fidelity''s growing involvement adds institutional weight to the bullish thesis, mirroring patterns that preceded ETH''s 2021 ascent to $4,891.

R0AR Launches Unified DeFi Platform Integrating Token, Liquidity, and NFT Staking

R0AR has unveiled a comprehensive decentralized finance (DeFi) platform that consolidates token staking, liquidity provision, and NFT-based rewards into a single interface. The platform is designed to enhance long-term user engagement through streamlined participation, embedded security protocols, and dynamic time-based reward mechanisms.

Token staking allows users to lock $1R0R tokens for predetermined periods, earning rewards scaled by duration. Liquidity providers can contribute to ETH/$1R0R pools, benefiting from a variable APY system. Executive R0AR Society (ERS) NFT holders gain access to monthly returns tied to stake duration, alongside governance privileges and future AI-driven personalization features.

The platform employs a SmartAPY model, replacing static returns with time-sensitive incentives that grow with commitment. A mandatory 11-day minimum engagement period is enforced on-chain, with transparent countdowns for penalty-free withdrawals. Compatible with MetaMask, Trust Wallet, and WalletConnect, R0AR''s dashboard aims to simplify multi-faceted DeFi interactions.

Ethereum Whale Activity Sparks Short Squeeze Speculation

A dormant Ethereum whale resurfaced to sell 501 ETH ($1.29M), retaining a $20.43M position in 8,052 ETH. The move coincides with escalating whale accumulation patterns and a surge in short liquidations—$1.7B on June 13 alone—setting the stage for a potential short squeeze.

Derivatives markets show mounting pressure on short sellers, with $753.72M liquidated on June 16. Shrinking exchange inflows suggest tightening supply, while whale buy orders amplify bullish sentiment. Ethereum''s price remains range-bound, but these dynamics hint at brewing volatility.

GENIUS Act Advances as JP Morgan Joins Stablecoin Race

The GENIUS Act, a pivotal stablecoin regulatory framework, is set for final Senate voting on June 17 before progressing to the House of Representatives. Senator Bill Hagerty championed the bill, emphasizing its role in modernizing U.S. payment systems. Key amendments focus on consumer protections and bankruptcy protocols.

JP Morgan''s filing for a ''JPMD'' stablecoin trademark signals intensified competition in the U.S. digital dollar arena. Market observers note Ethereum''s dominance in stablecoin issuance positions ETH as a potential beneficiary of regulatory clarity. "Most people still don''t know what ether is... So early," remarked ETF Store''s Nate Geraci, highlighting the nascent stage of institutional adoption.

MetaMask Setup Guide for Neo Pepe Presale Participation

Cryptocurrency presales continue to attract investors seeking early access to high-potential projects. Neo Pepe ($NEOP) emerges as a standout opportunity with its innovative tokenomics and decentralized governance model. The project''s upcoming presale has generated significant buzz, prompting both novice and experienced investors to prepare their digital wallets.

MetaMask remains the gateway of choice for ERC-20 token participation. Its security features and Ethereum compatibility make it ideal for handling Neo Pepe transactions. As presale events gain prominence in the evolving crypto landscape, proper wallet configuration becomes essential for capitalizing on these opportunities.

The Neo PEPE presale represents more than just another token launch—it embodies the growing sophistication of crypto fundraising mechanisms. Projects combining strong fundamentals with creative distribution models continue to reshape investor expectations in the digital asset space.

Ethereum Golden Cross Nears as Technicals Signal Potential Breakout

Ethereum''s daily chart shows an impending golden cross, a bullish technical pattern where the 50-day exponential moving average crosses above the 200-day EMA. The last occurrence in mid-November preceded a 35% price surge from $3,000 to $4,000 within weeks. Entrepreneur Ted Pillows highlighted the setup on social media, noting its historical significance as an accelerator for ETH rallies.

Price action has consolidated between $2,500 support and upper resistance since May''s breakout above $2,000, forming what analysts describe as a ''coiling'' pattern. Crypto trader Merlijn observes Ethereum mirroring its 2017 accumulation phase near the 50-day moving average, though with substantially greater institutional participation this cycle. ''We''re not repeating history, we''re amplifying it,'' he remarked, suggesting current fundamentals could propel ETH beyond prior cycle ceilings.

Will ETH Price Hit 3000?

Based on current technicals and market sentiment, ETH faces both opportunities and challenges in reaching $3,000:

FactorBullish CaseBearish Case
Technical IndicatorsMACD positive, Golden Cross approachingPrice below 20-day MA
Market ActivityWhale accumulation (871K ETH)Bearish pressure persists
Key LevelsBreak above $2,760 could target $3,000$2,388 support must hold

"The $3,000 target is plausible but requires sustained institutional inflows and resolution of network challenges," said Olivia. "July historically shows seasonal strength which could help."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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