Ethereum's Uncertain Forecast for June Amidst Consolidation

The crypto market is currently experiencing a consolidation phase, with Ethereum's price hovering near key supports.

Despite this, forecasts for June are uncertain, and estimates vary significantly depending on the analysts.

There are three distinct scenarios: conservative/bearish, neutral, and bullish. The bearish scenario foresees a drop below $1,800, while the neutral scenario predicts a rebound above $2,000. The bullish scenario indicates potential upside to $2,700, but with limited short-term gains due to seasonality.

The upcoming Glamsterdam upgrade is expected in June and could have a significant impact on Ethereum's price in the medium-long term. It aims to reduce fees by 78% and increase TPS up to 10,000.