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Ethereum Price Weekly Outlook: Key Levels to Watch

  • Ethereum (ETH) price started the first week of June 2025 around $2,500 despite anticipation in crypto markets.
  • On the daily chart, Ethereum price is consolidating below the 200-day Simple Moving Average (SMA) near $2,680, with resistance at the 200 SMA.
  • The hourly chart shows Ethereum price below major SMAs, indicating short-term bearish pressure and a potential move towards deeper support.
  • Traders should watch $2,500 support, $2,570 short-term resistance, and $2,750 breakout zone to gauge Ethereum's next moves.

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