๐ Ethereum in Focus: Key Price Levels Traders Should Watch This June ๐
Ethereum (ETH) is heating up the charts this June! ๐ฅ According to fresh analysis, ETH is currently bouncing between $3,650 support and $3,950 resistance, creating a perfect playground for swing traders and crypto scalpers. ๐ฏ
๐ Trading Range Magic
ETH is moving within a clean and predictable price channel. A breakout above $3,950 could launch ETH toward $4,000, while a drop below $3,650 might test lower support zones near $3,500. Ideal for traders seeking short-term wins! ๐ฐ๐๐
๐ฅ Rising Volume & Network Activity
In the last 24 hours alone, ETH trading volume surged by 18%, hitting $15B across top pairs like ETH/USDT & ETH/BTC. ๐ Meanwhile, active ETH wallets jumped 12%, signaling growing engagement on the blockchain! ๐ง ๐ผ
๐ Tech Indicators & On-Chain Insights
RSI: 58 โ Neutral, no overbought pressure ๐
MACD: Bullish Crossover โ Momentum building ๐
Funding Rate: +0.02% โ Positive trader sentiment ๐ก
๐ง Cross-Market Clues
Bitcoin (BTC) is holding strong at $69K, with a high 0.85 correlation to ETH, meaning BTCโs next move might ripple into Ethereum! ๐ช๐ Plus, Nasdaq gains and rising institutional ETH holdings show growing trust in crypto from Wall Street! ๐ผ๐
๐งญ Final Takeaway
Whether you're a pro trader or just exploring, Ethereumโs current range offers a golden opportunity. With strong on-chain signals, bullish indicators, and rising big-player interest, this could be your window to ride the next ETH wave. ๐๐
๐ Stay alert, manage your risk, and follow the signals!
