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Ethereum likely to drop to $1,800 in June before a potential bull market rebound.

Technical Signals
31 May 2026
FXEmpire
View Source
Bearish
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Ethereum (ETH) has fallen 12.5% in the past month and is struggling to stay above $2,000, with historical data showing June often brings losses for ETH. Open interest in ETH futures hit a record high, signaling bullish positioning despite recent weakness. Analysts expect a drop to $1,800 as a likely bottom, presenting a buying opportunity before a potential bull market recovery. Momentum remains bearish, but technical signals suggest strong gains could follow within 6 to 12 months after this dip.

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