ETH Price Prediction: Will Ethereum Break $2,800 or Face a 40% Correction?

#ETH

• Technical Outlook: ETH's MACD signals bullish momentum, but price must clear the 20-day MA to confirm a trend reversal.
• News Impact: Positive developments (Trezor, EthCC) contrast with bearish risks (regulation, cloud mining).
• Key Levels: A break above $2,800 could trigger a rally, while failure to hold $2,232 may deepen corrections.

ETH Price Prediction

ETH Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Michael, ethereum (ETH) is currently trading at $2,436.54, below its 20-day moving average (MA) of $2,511.97. The MACD indicator shows a bullish crossover with values at 147.3184 (MACD line), 96.1912 (signal line), and 51.1272 (histogram). Bollinger Bands suggest potential volatility, with the upper band at $2,791.01, middle band at $2,511.97, and lower band at $2,232.93. Michael notes that while ETH faces short-term resistance, the MACD bullish signal could indicate upward momentum if the price holds above key support levels.

Ethereum Market Sentiment: Bulls vs. Bears

BTCC financial analyst Michael highlights mixed market sentiment for Ethereum. Positive developments include ETH's 15% recovery rally and anticipation of a bullish breakout toward $2,800, alongside innovations like Trezor's hardware wallet showcase at ETHCC 2025. However, bearish risks persist, such as warnings of a potential 40% correction due to shifting investor interest in cloud mining and regulatory uncertainties (e.g., Tornado Cash legal case). Michael emphasizes that news-driven volatility may align with technical resistance NEAR the 20-day MA.

Factors Influencing ETH’s Price

Sahara AI Crashes Despite Exchange Listing, Will SAHARA Slump to $0?

Sahara AI, a decentralized artificial intelligence token built on Ethereum, has seen a dramatic rise and fall since its June hype cycle. The coin surged 40,389% following its Binance listing announcement, peaking at $0.3264 on June 26 before collapsing 73% in just 11 hours. Trading volume exceeded $618 million during the sell-off, with Binance's SAHARA/USDT pair leading at $167.8 million.

Despite listings on major exchanges including Upbit, OKX, and Bybit, Sahara's market cap has plummeted to $178 million. The token now trades at $0.08734 with only 20.04% of its supply circulating. Market observers note intense selling pressure across all trading pairs, raising concerns about potential delisting risks.

Eclipse Labs Imposes Strict Airdrop Restrictions to Ensure Fairness

Eclipse Labs is taking decisive action to prevent insider abuse ahead of its ES token airdrop. The Ethereum Layer 2 developer has banned all team members from participating, requiring them to sign agreements and submit wallet addresses for exclusion. This move aims to restore confidence in token distributions, a process recently marred by controversies.

The project has also implemented a 12-month lockup for team and investor tokens, followed by a three-year vesting schedule. With $65 million raised to date, Eclipse Labs is positioning itself as a leader in transparency amid growing skepticism around airdrops.

Master the Art of Crypto Investing with Proven Strategies

In the volatile world of cryptocurrencies, a stable strategy has emerged as a beacon for investors navigating turbulent markets. Yet, pitfalls abound—illustrated by a recent example where a whale panic-sold Ethereum (ETH) at $2,200, only to repurchase it days later at over $2,500. Such buy-high, sell-low cycles underscore the dangers of emotional trading.

Geopolitical tensions and tariff anxieties often exacerbate market fears, leading to rash decisions. The key to breaking this pattern lies in disciplined strategies: avoiding leveraged investments, defining clear risk thresholds, and resisting the urge to chase price fluctuations. Debt-fueled trades compound risks with interest burdens, while unclear objectives invite repetitive losses.

For short-term traders, locking in gains requires precision—not panic. The lesson is clear: in crypto’s mercurial landscape, strategy trumps impulse.

Crypto Custodian Taurus Launches First Stablecoin Contract With Privacy Features

Taurus, a digital asset infrastructure firm serving clients like Deutsche Bank and State Street, has introduced the first private stablecoin contract. Targeting financial institutions wary of privacy risks, the solution leverages Aztec Network—an Ethereum layer-2 protocol backed by a16z—to combine zero-knowledge encryption with compliance features mirroring USDC, including mint/burn controls and regulatory audit trails.

The launch coincides with surging stablecoin adoption for everyday payments beyond crypto markets. Regulatory tailwinds, such as the U.S. Senate's GENIUS Act, could propel global stablecoin supply to $1–2 trillion by 2030, according to Taurus. The new contract enables encrypted balances and transfers, allowing corporations to process cross-border payroll without exposing sensitive data to competitors or public blockchains—while maintaining regulator access.

"This addresses concerns we’ve repeatedly heard from banks, central banks, and regulators," said JP Aumasson, Taurus' chief security officer. The move signals growing institutional demand for privacy-preserving digital assets as stablecoins evolve into mainstream financial infrastructure.

Trezor Partners with ETHCC 2025 to Showcase Hardware Wallet Innovations

Trezor, the prominent hardware wallet manufacturer, has secured an official partnership with the Ethereum Community Conference (ETHCC) 2025. The event, scheduled for June 30 to July 3 at Cannes' Palais des Festivals, represents a key gathering for Ethereum's developer and investor ecosystem.

The company will occupy Booth #7, featuring live device demonstrations and expert-led sessions on digital asset storage solutions. Trezor's marketing head Anusha Schindler highlights the conference as a strategic platform for direct community engagement and product showcasing.

Beyond technical displays, the partnership includes a creative raffle for Trezor's new Safe 5 wallet and dedicated spaces for Web3 collaboration talks. The agenda emphasizes critical infrastructure discussions, particularly around asset backup methodologies in institutional contexts.

Ethereum Faces Potential 40% Correction as Investors Shift to Cloud Mining

Ethereum's two-week chart has formed its first "death cross" since the 2022 bear market, signaling potential downside risk. Technical analysts warn of a possible 40% plunge if historical patterns repeat. The bearish formation appears as ETH struggles to break through key moving averages, creating market uncertainty.

Amid the volatility, investors are increasingly turning to cloud mining platforms like UK-based GMO Miner. The platform reports some users generating up to $19,800 daily through contract combinations. Cloud mining's appeal lies in its price-agnostic returns - operations continue regardless of market direction, providing consistent daily payouts.

The shift reflects growing risk aversion as Ethereum shows weakening technical structure. While traders typically watch moving averages for breakout opportunities, recent rejections at these levels have dampened sentiment. GMO Miner and similar platforms position themselves as hedges against directional market risk.

Ethereum Bulls Eye $2,800 Breakout After 15% Recovery Rally

Ethereum surged past key technical levels as geopolitical tensions eased, with ETH climbing over 15% from Sunday's $2,100 low to trade above $2,350. The second-largest cryptocurrency now tests resistance near $2,550, with analysts watching for a potential breakout toward $2,800.

Market sentiment shifted following reports of reduced Middle East tensions, triggering broad crypto market recovery. ETH's move above both the 100-hour moving average and Fibonacci retracement level signals strengthening bullish momentum. Technical indicators including MACD and RSI now flash positive signals across hourly charts.

Traders anticipate increased volatility around the $2,500-$2,550 resistance zone. A decisive break could open path to test yearly highs, while failure may see retracement toward $2,200 support. The rally positions ETH as this cycle's altcoin leader, with institutional flows returning to ETH derivatives markets.

Ethereum Faces Resistance Amid Market Correction as Exchange Withdrawals Spike

Ether's price trajectory has reversed sharply, shedding 11.5% of its value over five days to trade at $2,426. The retreat follows failed attempts to breach the critical $2,520 resistance level, with technical charts now indicating a bearish trend line forming at $2,540.

Despite the downturn, blockchain data reveals a curious divergence. May 16 saw the largest ETH exodus from exchanges since early April, while the Coinbase Premium Index maintained positive territory—suggesting institutional accumulation continues beneath the surface.

Trading volume patterns mirror December 2024's market behavior, hinting at potential accumulation phases during price dips. The market appears caught between technical resistance and fundamental demand signals.

Vitalik Buterin Proposes Partially Stateless Ethereum Nodes to Address RPC Risks

Ethereum co-founder Vitalik Buterin has introduced a groundbreaking proposal aimed at enhancing scalability, privacy, and decentralization within the Ethereum network. The concept of partially stateless nodes could revolutionize node operation by improving efficiency and resistance to censorship.

Buterin's blog post highlights the growing centralization risk posed by dominant Remote Procedure Call (RPC) providers. These services, while convenient for wallets and dApps, create potential vulnerabilities. "A market structure dominated by a few RPC providers will face strong pressure to deplatform or censor users," Buterin warned, underscoring the need for architectural innovation.

Tornado Cash Developer's Legal Team Accuses Prosecutors of Evidence Suppression

Roman Storm's defense attorneys allege federal prosecutors concealed critical FinCEN communications in the Tornado Cash case. The withheld documents reportedly clarify that non-custodial crypto mixers don't meet the legal definition of money transmitting businesses—a position previously affirmed in the Samourai Wallet case.

The prosecution has dropped one charge related to money transmission regulations, while Storm's trial remains scheduled for July 2025. This development follows a recent court ruling against OFAC sanctions on Tornado Cash, creating parallel legal battles that could reshape regulatory treatment of privacy tools in cryptocurrency.

ETH Surges as Investors Anticipate Bullish Rally

Ethereum (ETH) markets show resilience despite a recent 6% weekly price drop, with leading analysts predicting a robust rebound. Analyst Ali Martinez interprets the current pause as a precursor to a strong rally, setting a short-term target of $4,000. Key indicators fueling this optimism include a rising MVRV ratio, sustained growth in whale wallet holdings, and accelerated ETH withdrawals from exchanges. The $2,200 support level remains critical for maintaining bullish momentum.

Whale activity underscores confidence in ETH's growth trajectory. Over the past 30 days, major wallets have accumulated approximately 450,000 ETH, signaling that institutional players view price dips as strategic entry points. Such accumulation typically reduces sell-side pressure, reinforcing the potential for upward price movement.

Is ETH a good investment?

Michael from BTCC suggests Ethereum presents both opportunities and risks. Below is a summary of key factors:

Investors should monitor the $2,500 resistance level and news on Ethereum's upgrades (e.g., stateless nodes proposal) for directional cues.