What is the current trend of the ETH price?

Figure:https://www.gate.com/trade/ETH_USDT

As of June 10, 2025, the Ethereum price is reported at approximately $2687, showing a decline from this year’s high. However, compared to other mainstream cryptocurrencies, ETH has performed relatively stable. Data shows that ETH is still operating within an upward channel and has not broken through key support levels, demonstrating strong bottom support.

Despite this, the market remains in a wait-and-see phase. Some investors question whether ETH still has the momentum for a breakout, while analysts have a completely different view.

Technical analysis: ETH is brewing the “bull run starting point”

Crypto analyst Mikybull Crypto stated that the current trend of Ethereum price is almost identical to the starting point of the 2017 bull run. He pointed out that ETH is currently forming an “ascending triangle” and once it breaks through the upper edge, the targets will be $3200, $3600, or even above $4000.

It is worth noting that he used the market term “melt-up” in his analysis, which means that once the breakout point is triggered, prices will surge rapidly, leaving investors no time to “get on board”. Therefore, he advises market participants to prepare in advance and not to wait until market sentiment is fully heated before entering.

Fundamental analysis: Ethereum network activity is warming up

From a fundamental perspective, the activity level of the Ethereum ecosystem is steadily recovering. The trading volume of Layer 2 networks (such as Arbitrum and Base) has rebounded, the total DeFi TVL has increased, and there are signs of recovery in the NFT trading market.

In addition, as the U.S. interest rate policy gradually slows down, institutional investors are beginning to reallocate assets, and ETH, as a representative asset of smart contracts, naturally becomes the preferred choice. This potential inflow of funds may become an important engine driving the upward movement of Ethereum price.

Analysts are unanimously bullish, with a target consistently pointing to $8000.

Crypto GEM: ETH will start a “parabolic” trend

Crypto GEM is a highly influential analyst on social media platforms. He believes that ETH is currently in a “consolidation phase” and is expected to experience a parabolic rise similar to 2021. He predicts that the Ethereum price will reach $8000 as early as July 2026.

He stated that the undervaluation of ETH, the deflationary model (after EIP-1559), and the robust developer ecosystem are all important foundations supporting its long-term rise.

Titan of Crypto: ETH could eventually reach $8500

Another analyst, Titan of Crypto, has set a target of $8500 and divided the upward path into three segments:

• First target: break through $5000
• Second target: Challenge $7000
• Third target: Reach $8500

He stated in a post on X that ETH has officially broken through the “bull flag” pattern, which generally indicates the establishment of a medium to long-term upward trend. He also added that in the short term, ETH’s small target is $3800, after which it will challenge higher price levels.

How should retail investors respond?

In the face of optimistic expectations from numerous analysts, how should ordinary investors position themselves?
The following suggestions may be helpful:

1. Build positions in batches to avoid chasing highs: The current price has not started the main upward wave, and you can gradually participate through dollar-cost averaging.
2. Focus on key resistance levels: If ETH can steadily break through the $3000-$3200 range, it can be seen as a trend confirmation signal.
3. Manage Expectations: Although $8000 is an optimistic target, short-term fluctuations are still inevitable, and risks should be controlled.

Summary: Can Ethereum rise to $8000?

From technical charts, market structure to analyst opinions, the Ethereum price rising to $8000 is not without basis. Historical cycles are often validated in hindsight, and we are currently in the “grey area” where trends start.

For investors, real opportunities often arise not during the frenzy of the masses, but when most people are still watching and questioning. Whether to bet on the potential of ETH depends on your understanding of market cycles and your risk tolerance.