news 
Ethereum’s Future Uncertainty: Predicting ETH’s Performance on July 1
As the market continues to fluctuate and the overall sentiment remains uncertain, investors are left wondering what lies ahead for Ethereum’s price. In a recent analysis, CoinStats has revealed that sellers have seized control of the situation, with the price of ETH plummeting by almost 1% since yesterday.
Currently trading at $2,439, many are questioning whether the market will continue to decline or if buyers will step in and seize control. If the daily candle closes below yesterday’s low, it is possible that we may see a test of the support level near $2,400. This could lead to further correction in the short-term.
From a midterm perspective, the picture becomes less clear. The price range between $2,300-$2,600 appears to be the most likely scenario for Ethereum’s future price movement.
In summary, it seems that no clear direction has been established, leaving investors with much uncertainty as they navigate these uncharted waters.
Source: u.today
