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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 .

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