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– An artificial intelligence system has predicted that the value of Ethereum (ETH) could reach approximately $2,140 on June 1, 2026, as the cryptocurrency seeks to recover from its recent decline.

the Ethereum price forecast was presented at a time when ETH is trading near the important psychological level of $2,000, following a general downturn in the cryptocurrency market caused by deteriorating investor sentiment.

At the time of analysis, Ethereum was valued at $2,014, having failed to overcome resistance above $2,100. Analysts are actively tracking a support level between $1,900 and $1,950.

Ethereum forecast formed by ChatGPT on the basis of AI suggests that ETH may show a modest recovery, provided that the market remains stable in general and bitcoin does not have sharp corrections. According to this forecast, Ethereum is expected to rise to $2,140 by June 1.

The Ethereum forecast is based on technical analysis, market dynamics and macroeconomic factors.

Current indicators show a mixed picture: the neutral-bear RSI and a decrease in trading volumes indicate a weakening of buying interest. Nevertheless, interest from institutional investors remains quite strong, and some large players continue to accumulate ETH during market downturns.

Ethereum still faces an important resistance level before a stronger bullish trend can occur. An artificial intelligence system has identified the $2,300 to $2,500 range as a critical zone that buyers need to overcome to confirm a resumption of the uptrend.

At the same time, the latest analysis of the weekly chart of ETH, presented by crypto analyst Ali Martinez on Platform X on May 29, indicates increasing downside risks if Ethereum loses critical support levels.

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According to technical indicators, a weekly close below $1,850 could accelerate the decline and confirm a broader bearish breakdown for ETH.

the chart structure has identified $1,560 as the first major downside target, marking intermediate structural support in Ethereum’s broader range. If the bearish momentum strengthens, ETH could fall to the $1,070 area, which represents the lower boundary of the multi-year channel.

If Ethereum ($ETH) closes the week below $1,850, an acceleration of the decline becomes very likely.

From a purely technical perspective, the wider channel structure indicates two main downside targets following such a failure: The latest Ethereum price forecast also reflects heightened uncertainty in financial markets as investors react to interest rate expectations and ETF-related capital flows.

In this context, U.S. spot Ethereum ETFs extended their series of outflows this week, recording net outflows of about $216 million in seven days as deteriorating market sentiment weighed on demand.

data showed that May 28 saw the largest daily outflow of $121.4 million, led by the withdrawal of about $80 million from BlackRock’s ETH ETF. In previous sessions, $67.1 million was withdrawn on May 27 and $35.1 million on May 26, extending the streak of outflows to more than 10 consecutive days.