Ethereum Dynamics $ETH
- ETH Faces Pressure After Rebound: Currently priced at $2,527, up over 40% from the early May low, but short-term technical indicators show a risk of a pullback. Ethereum ETF inflows have turned positive, with BlackRock's ETHE seeing a net inflow of $57.6 million in a single day.
- Altcoin Season Approaches: Bitcoin's dominance has dropped from 65% to 62%, with funds rotating into ETH and altcoins, and some Meme coins and GameFi tokens showing active performance.