Ethereum on June 8, 2025: Market Trends and Key Influences

Analysis of Ethereum’s market trends on June 8, 2025, focusing on technical and economic factors.

On June 8, 2025, Ethereum faces a complex market environment, prompting analysts to closely examine price trends and influencing factors. As the second-largest cryptocurrency by market capitalization, Ethereum is currently trading around $2,500 but has recently shown signs of bearish pressure. This situation stems from a combination of technical, fundamental, and macroeconomic factors. From a technical perspective, Ethereum has recently broken below its 200-day simple moving average (SMA), a level that had served as key support since early 2025. This breach signals weakness in the bullish trend. Analysts predict that if Ethereum fails to establish $2,500 as support, it could correct toward the $2,300 to $2,400 range. However, increased trading volumes on some exchanges and inflows into Ethereum ETFs indicate ongoing institutional interest, which could prevent a sharp decline. Network activity is a critical factor affecting Ethereum. Reports indicate that the total value locked (TVL) in Ethereum’s network dropped 17% last month to 25.1 million ETH. This decline is partly due to competition from blockchains like Solana, which has shown significant TVL growth. However, transaction fees on Ethereum have surged 150% due to heightened decentralized exchange (DEX) activity, such as Uniswap. This has supported Ethereum’s burn mechanism, reducing inflationary pressure. Institutional interest remains robust, with Ethereum exchange-traded funds (ETFs) recording $743.8 million in inflows over the past 12 days. This reflects long-term confidence in Ethereum’s potential. However, rising short positions in Ethereum futures, particularly by hedge funds, are exerting downward pressure on the price, signaling caution among professional traders regarding the short-term outlook. Macroeconomic factors also play a significant role. Uncertainties surrounding trade policies and global recession risks could impact high-risk assets like Ethereum. Nonetheless, recent network upgrades, such as Pectra, have made Ethereum more appealing to institutions by improving scalability and user experience. These upgrades are expected to drive long-term adoption. Overall, Ethereum faces short-term bearish pressure but has potential for recovery in the long term, supported by institutional interest and network improvements. Investors should exercise caution, closely monitoring technical analyses and economic developments.