Yesterday, the Bitcoin course tumbled around $ 100,000. Despite a drop of more than 10 % since the top around $ 112,000, the course has the opportunity to recover as long as the $ 97,000 remain intact. Even if Ethereum’s course cannot return beyond $ 3,000, institutional actors trust ETH. Zoom on Ethereum in the bulletin of June 6!
The Ethereum course drops by more than 5 % in 24 hours
Bitcoin is Revenue close to $ 100,000and this drop made drop the 5.5 % Ethereum course in 24 hours. Now, eTh Tidling over 6 % in a week ::
| Pair | 1h | 24h | 7d | 1m | 3m | 6m |
|---|---|---|---|---|---|---|
 ETH/BTC |
-0.09% | -4.52% | -3.94% | 25.37% | -3.91% | -40.27% |
 ETH/USDT |
0.13% | -5.48% | -6.20% | 34.36% | 15.06% | -37.96% |
Ethereum performances facing different pairs. Source : Coincheckup
Even if the course back over the last seven daysit remains up 34 % in a month. In parallel, the ETH/BTC pair sees Red on the week that has just passed (-4 %)but she climbs 25 % in a month.
Institutional actors support ETH on ETF
Ethereum’s course is relatively disappointing since the start of the cycle. While Bitcoin evolves beyond $ 100,000and that he has Validated several ATHthe prince of cryptocurrencies remains stuck Under the $ 3,000 mark. The BTC has completely erased the drop linked to customs prices, which is not the case with Ethereum. Despite this, the institutional actors respond present on ET cash ::
ETHEREUM ETF 15 consecutive days of incoming flowseither the equivalent of $ 800 million. Since May, the entries are the majority on Ethereum ETF, and recently, Institutional actors prefer Ethereum to Bitcoin.
The Ethereum course is in a range between $ 2,350 and $ 2,700
The fall of Bitcoin has repercussions on Ethereum, but the course retains a positive dynamics in day laborers. In addition, the course remains in a tidy For several weeks between the Support at $ 2,350 and the Resistance at $ 2,700 ::
A support could send the course to the level of Next support at $ 2,000. On the other hand, if eth rebounds and manages to Break $ 2,700he could come back beyond $ 3,000 and join the Resistance located at $ 3,250. The RSI has been falling for several weeks, so the Momentum is feverish.
Ethereum followed Bitcoin in his fall, but he stays in a daily range. If the $ 2,350 hold, a return to $ 3,000 is possible. Especially since the operators respond present on ETPs in cash. Is the market trapping sellers? The hash Ribbons has just validated a third Haussier signal in 2025.