Ethereum sees price growth on June 4, 2025, driven by institutional support and whale activity. Analyses suggest a potential rise to $6,000.
On June 4, 2025, Ethereum remains a hot topic in the cryptocurrency market, trading around $2,600 and showing signs of significant growth potential. Recent weeks have seen a surge in institutional demand, largely driven by inflows into Ethereum ETFs, which recorded a net inflow of $321 million in the week ending May 30. This reflects growing confidence among large investors in Ethereum’s blockchain. Whale activity has also played a significant role in Ethereum’s market dynamics. Reports indicate that transaction volumes reached $799 million in the past 12 hours, signaling large-scale over-the-counter purchases. Such activity is typically viewed as a sign of accumulation by major investors, which could drive prices higher. From a technical perspective, Ethereum has formed bullish patterns such as cup-and-handle and bull flag against Bitcoin. Analysts suggest that breaking the $2,750 resistance could propel Ethereum toward the $3,000–$3,500 range, with some forecasts even pointing to $6,000 in the coming months. This outlook is bolstered by similarities to historical price patterns of Ethereum and gold. The recently announced Pectra protocol upgrade is another positive factor for Ethereum. This upgrade focuses on improving layer-1 scalability, expanding blobspace for rollups, and enhancing user experience. These changes could position Ethereum as the preferred platform for major financial institutions, especially compared to competitors like Solana, which have faced recent technical issues. However, Ethereum’s market is not without challenges. Price resistance around $2,750 and potential selling pressure from investors who entered near this level could hinder short-term growth. Additionally, macroeconomic factors such as Federal Reserve monetary policies and inflation data continue to influence the market. Overall, Ethereum’s outlook is bullish, supported by strong fundamental and technical factors. Investors should remain vigilant, closely monitoring developments related to ETFs, whale activity, and blockchain upgrades. With its potential for widespread adoption, Ethereum continues to be a leading force in the cryptocurrency market.
Market Sentiment
The article predicts a bullish trend for Ethereum in both the short and long term, though price resistances may pose challenges.
Key Points:
- Whale activity
- Ethereum ETFs
- Pectra protocol upgrade