Ethereum's Ether (ETH) has seen a 67% rally in 2024 and may continue to rise in June, according to on-chain, fundamental, and technical indicators. ETH has entered the breakout stage of its falling wedge pattern, a bullish reversal pattern, with a potential target of around $4,255 by the end of June. Additionally, ETH's richest whales have been accumulating more of the token, boosting its potential to reach $4,000. Furthermore, the U.S. Securities and Exchange Commission (SEC) may approve spot Ether ETFs in June, following BlackRock's decision to update the Form S-1 for its iShares Ethereum Trust (ETHA) with the SEC.