Ethereum, EOS, and AVAX Ride June’s Bullish Wave—But Can They Outlast the Hype?

Crypto markets are buzzing as June kicks off with a surge of optimism for Ethereum, EOS, and Avalanche (AVAX). Traders are betting big on smart contract platforms—again—despite the sector’s knack for turning ’sure things’ into ’wait, what?’ moments.

Ethereum leads the pack, flexing its DeFi dominance while Layer 2 solutions eat gas fees for breakfast. EOS, the perennial underdog, suddenly has chatter about ’comeback potential’—though we’ve heard that one before. And AVAX? It’s the snowball that keeps rolling, thanks to institutional nods and subnet adoption.

Just remember: in crypto, summer rallies can evaporate faster than a meme coin’s utility. Happy trading, and may your stop-losses be ever in your favor.

Ethereum (ETH)

A reasonable scenario predicts that trade agreements will lead to the normalization of appropriate tariff rates, bringing an end to the global trade war narrative. The United Kingdom has already signed its agreement, and despite periodical conflicts, the EU is actively working to maintain its relationship with the US. Thus, it is high time for these issues to be resolved, likely within June. Once tariff-related issues are addressed, cryptocurrencies can enter a long-awaited bullish phase as tariffs are essentially the last inhibiting factor for institutional investments in crypto.

The ETHBTC pair holds steady at the 0.02328 support level. Overcoming the short-term hurdle at 0.0257, in conjunction with tariff agreements, could potentially ignite a significant upward movement in altcoins, especially Ethereum$2,524, rekindling actions that have been awaited for thousands of days.

Investors have become accustomed to specific levels for ETH. Currently, ETH holds the support level of $2,368 for 23 days. The $2,751 resistance remains unbroken, but conquering this zone could enable ETH to revert $3,067 and $3,510 as support levels.

EOS and AVAX Price Predictions

This month undoubtedly promises increased activity among altcoins, although the direction remains uncertain. Prediction of a definite trajectory WOULD require foresight. Considering the potential global repercussions of tariffs, all parties are striving for a non-permanent scenario. Therefore, I am 51% optimistic about a market upswing.

EOS has dropped to its support level at $0.58 but is showing signs of recovery. A favorable scenario could see a new MOVE toward $0.75. For June, the peak target could be the psychological resistance level of $1.

Expectations for AVAX over the weekend were below $20, a risk highlighted throughout the previous week. Currently, like many other altcoins forming a local bottom, AVAX is reclaiming $20.5, moving toward $23. The June forecast is optimistic, with a target of closing above $27, potentially reaching $35 in a positive scenario.