- Technical Advantages: ETH stands firm on all key moving averages, MACD shows strong bullish trend
- Whale Accumulation: Large buy orders of $160M ETH, liquidity continuously absorbed
- Ecosystem Development: Starknet upgrade and foundation security planning enhance long-term value
ETH Price Prediction
Ethereum Technical Analysis: Strong Short-Term Bullish Momentum
According to BTCC financial analyst Ava's technical analysis, ETH/USDT current price is 2,785.30 USDT, above the 20-day moving average of 2,587.9540, indicating a medium-term upward trend. MACD indicator (22.5025) is far above the signal line (0.5289), with the histogram (21.9736) showing strong bullish momentum. Bollinger Bands show the price near the upper band 2,781.5860, which may accelerate upward if broken. Short-term support is at 2,394.3220.
Whale Accumulation and Regulatory Positive Factors Drive Ethereum Bullish Sentiment
BTCC analyst Ava points out that whale addresses have accumulated $160 million worth of ETH, combined with the SEC chairman's positive stance on DeFi, market sentiment has clearly turned bullish. Although there is resistance at $2,870, Starknet will launch STRK staking v2 mainnet on 6/17, and the Ethereum Foundation's security report provides fundamental support for the price. Short-term profit-taking risks should be noted.
Factors Affecting ETH Price
Whale Addresses Accumulate $160M ETH, Significant Market Activity
Two undisclosed cryptocurrency wallets have been actively expanding their Ethereum positions, accumulating approximately 57,000 ETH (worth $160 million) in consecutive trades. This large-scale accumulation demonstrates strong institutional investor interest, disregarding current market conditions.
Lookonchain data reveals a two-pronged acquisition strategy: one address withdrew 13,037 ETH ($35.50 million) from Binance within 24 hours, while Abraxas Capital decisively took 44,612 ETH ($123 million) from Binance and Kraken exchanges in 14 hours. Such concentrated buy orders typically signal significant market movements.
Ethereum Targets $2,870 After Breaking Resistance, But Pullback Risks Remain
On June 10th, Ethereum broke through the $2,690 resistance, reaching a high of $2,755 before encountering strong resistance around $2,770, indicating potential changes in market momentum. Previously, it rose 2.94% on June 9th and formed a higher low at $2,410 on June 7th, ending a prolonged consolidation phase.
Analysts note that $2,770 remains a critical battleground. If it can close above this level, it may look towards $2,870, with subsequent targets at $2,960 and $3,160. However, if momentum is insufficient, it may retest the $2,690 support, with downside risks potentially extending to the $2,470-$2,380 range.
Although the market structure is changing, selling pressure at $2,740 indicates continued resistance. Traders are closely monitoring Binance perpetual futures charts to confirm breakthrough continuation or reversal patterns.
Ethereum Continues Rally: SEC Chairman's DeFi Vision and Strong On-Chain Data Drive Momentum
Ethereum broke through $2,820, reaching a new high since late February, primarily driven by SEC Chairman Paul Atkins' optimistic stance on DeFi regulation. These comments, made during the final round of a crypto working group roundtable, clearly stated that Proof of Stake (PoS) and Proof of Work (PoW) mechanisms are not under securities law jurisdiction, seen as a favorable factor for ETH institutional adoption.
On-chain data validates market momentum: funding rates, staking balances, and ETF inflows have significantly increased, reflecting continued demand. ETH is currently testing the $2,850 resistance level, with technical analysts noting that if it holds above the 200-day moving average, it may open an upward channel towards $3,250.
Starknet Announces STRK Staking v2 Mainnet to Launch on June 17
Ethereum Layer 2 network Starknet has confirmed that STRK staking v2 mainnet will launch on June 17th. This upgrade introduces key validator functions, including block proof capabilities and commission adjustment mechanisms. Validators will have limited commission adjustment flexibility under strict conditions, prioritizing customer interests.
Starknet emphasizes operational stability during the transition. Staking contracts will be paused for several hours to complete the v1 to v2 migration, ensuring validators have sufficient integration time. This phased deployment reflects Starknet's cautious approach to protocol upgrades.
Ethereum Foundation Releases Security Report Targeting Trillion-Dollar Scaling Goals
The Ethereum Foundation released its first "Security Challenges Overview" report, listing six key obstacles to be overcome in achieving its ambitious "one or two dollar security project". The document highlights smart contract vulnerabilities, infrastructure weaknesses, and governance complexity as major impediments to Ethereum's evolution into global financial infrastructure.
Vitalik Buterin envisions Ethereum as a "civilizational infrastructure" capable of handling trillions of dollars in assets, now facing specific technical challenges. The report serves both as a diagnostic tool and roadmap, with modular architecture and GDPR compliance set to be key design focuses for future upgrades.
ETH Price Prediction: Outlook for 2025, 2030, 2035, 2040
| Year | Price Range (USDT) | Key Driving Factors |
|---|---|---|
| 2025 | 2,500-3,200 | ETF Approval Expectation, Layer2 Adoption Rate Exceeding 50% |
| 2030 | 8,000-12,000 | Institutional Custody Scale Reaching Trillions, DeFi TVL Accounting for 1% of Traditional Finance |
| 2035 | 18,000-25,000 | Web3 Identity Protocol Standardization, ZK-Rollups Becoming Infrastructure |
| 2040 | 35,000-50,000+ | Ethereum Becoming Global Settlement Layer, Legal Validity of Smart Contracts Established |
BTCC analyst AVA believes that Ethereum's current technical structure shows a bullish alignment, combined with whale accumulation and a shift in regulatory attitudes, potentially testing the historical high of $3,200 in 2025. In the medium to long term, as ZK technology matures and institutional adoption deepens, it may enter an exponential growth phase after 2030, but technological risks such as quantum computing after 2040 should be noted.
