As of May 31, 2025, 6:12 AM, the price of Ethereum is $2564.57, down $99.08808 from the previous day, a decrease of 3.72%. The market capitalization is $309.82 billion, with a 24-hour volatility of 4.58%, a 24-hour high of $2649.23, a low of $2533.20, and a 24-hour trading volume of $24.18 billion.

According to the analysis at 0:51 on May 31, Ethereum is currently consolidating below the $2,700 resistance level and has firmly regained the $2,500 psychological mark. The Bollinger Bands on the daily chart are expanding, signaling an increase in directional momentum. The RSI is around 64.6, which is slightly below the overbought zone, indicating that there is still room for upside before reaching an overbought state. The MACD shows that momentum is weakening and there is a bearish crossover, but the histogram is narrowing, suggesting that the market is hesitant. The primary support below is near $2,519 and a break below could attract strong buying support near $2,275. On the upside, a daily or weekly close above $2,925 would increase the likelihood of a rise to $3,150 and possibly even extend the target to $3,500 or even $3,815.

However, it is important to note that the cryptocurrency market carries high risks, with significant price fluctuations influenced by various factors, such as the uncertainty of U.S. tariff policies, which previously caused a plunge in the prices of cryptocurrencies like Ethereum on May 30.