Ethereum Price Forecast: Triple Bottom Develops, $3K Surge Imminent
Ethereum has been accelerating recently due to new technology, increased interest from major corporations, and its expanding use across various applications. It serves as the primary platform for decentralized finance (DeFi), NFTs, and numerous Web3 initiatives. As aspects such as Ethereum 2.0 updates and tools that enhance speed and reduce costs come into play, the number of developers and users participating is increasing. All of this is contributing to Ethereum’s resilience and ongoing growth.
As per the most recent update, Ethereum (ETH) is priced at $2,521.18, which indicates a 1.72% decrease over the last 24 hours and a trading volume decline of 13.66% to $21.99 billion. Ethereum’s value has decreased by 8.66% over the past week, indicating a cautious sentiment in the crypto market. Regardless of this temporary fluctuation, technical indicators suggest the potential for a significant bullish reversal.
Ethereum pattern corresponds with technical analysis models
Ahmad Mustafa, a crypto analyst, pointed out the emergence of a classic triple bottom pattern on Ethereum’s chart, which extends from late May to mid-June 2025. This pattern, marked by three price troughs around the $2,485 level, indicates a reduction in bearish pressure.
Mustafa predicts that investors might think about entering at the present market price, setting a stop-loss for any close below $2,485 and aiming for an upside target of $3,000. This analysis is consistent with established technical frameworks, such as those from Investopedia and Binance Square.
Ethereum’s order book displays distinct boundaries due to the technical setup. Buy orders are focused at levels up to $2,700, whereas there is noticeable sell-side pressure in the vicinity of $2,400–$2,485. This suggests robust backing at levels currently seen and bolsters the theory of an imminent breakout.
Volume behavior acts as a support factor as well. The implied decrease in volume indicated by the triple bottom formation, along with a possible increase around a breakout, aligns with bullish reversals, even though it is not described in detail. If the broader market conditions support momentum, a move above this zone may open a path toward $3,000. The stop-loss area close to $2,485 is still crucial; should the price close below this level, it could invalidate the pattern and lead to increased downward pressure.
Short-term trends indicate a bullish outlook for ETH.
Long-term forecasts depict a diverse situation. According to analysts at DigitalCoinPrice, Ethereum is anticipated to exceed $4,891.70 and could potentially hit $5,494.68 by the end of 2025, establishing a new all-time high. In January 2025, the platform reached a peak of $3,715.17 before falling below $3,000, leading to high expectations for a recovery.
Changelly, in contrast, predicts a less extreme trajectory, with an ETH peak price of $2,672.72 expected this year and prices potentially reaching $3,008.13 in June. The open market suggests a negative return of -23.4%. However, short-term uptrend patterns are once again forming at the current levels for Ethereum.
Ultimately, it is the events of the coming weeks that will determine Ethereum’s position in the market, and not only that, ETF inflows now amounting to $583 million, or even investors’ reaction to technical breakout zones.
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