Historical Data Says More Losses To Come

Ethereum is already seeing a slowdown for the month of June, suggesting that it is sticking to established historical trends for the month. With half of the month already gone, the altcoin is likely to finish out the month in the same trend, and the previous cycle data warns of further price crashes. But how far down will the Ethereum price go before it recovers?

Ethereum Fighting The Bears In June

According to data from the CryptoRank website, the month of June is the second-worst month for the Ethereum price historically. This comes down to its average and median returns, which sit at -6.56% and -5.65%, respectively, showing that returns for the month are likely to be red. It falls behind only the month of September, which has -10.7% average returns and -13.6% median returns.

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In the decade that the Ethereum cryptocurrency has existed, only a total of three years have the month of June ended in green. In contrast, six years have closed in the red, including back in 2024 when the Ethereum price tumbled 8.64% in June.

So far, the month of June 2025 has seen very little gains, with CryptoRank data only showing a 0.20% increase at the time of writing. This suggests a continuation of the established bearish trend, especially with the bear still pushing down the price of Bitcoin, and the rest of the crypto market keeps going down with it.

If the altcoin does stick to its historical performance, then it is possible that the price could break below $2,500 before the month is over. However, there is still the possibility of a recovery if the Bitcoin price does continue to rise.

Bullish Sentiment Still Strong

Despite the bearish trend of June, crypto analysts are still calling for higher prices for Ethereum. One analyst, Crypto Patel, predicts a possible short-term crash if the Ethereum price drops below $2,500. Patel believes $2,000 is next if this happens. However, long-term remains bullish as the crypto analyst believes Ethereum is headed for $10,000.

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Another crypto analyst, Ash Crypto, pointed out that ETH is forming a possible golden cross, just one month after Bitcoin did. But unlike Bitcoin, which usually takes months to play out a golden cross trend, the crypto analyst says Ethereum will begin immediately, and the target from here is $3,500.

Crypto analyst Lord of Alts also explained that Ethereum is actually playing out as expected, with three trends. The first is consolidation, then accumulation, before ending in a price expansion. Lord of Alts says ETH is entering this trend again and puts the price as high as $6,000 by 2026.

Featured image from Dall.E, chart from TradingView.com