As of June 10, 2025, at 6:44 AM, the price of Ethereum fluctuates around $2,650, up 1.2% from the previous day, outperforming Bitcoin. Below is an analysis from technical aspects, on-chain data, and capital flow:

- Technical aspect: The daily chart presents a 'cup and handle' pattern. If it breaks the neckline at $2,700, the potential increase could reach 30%-55%. The 4-hour chart shows that the RSI indicator is at 55 (neutral), and the MACD histogram's negative value is narrowing, indicating strengthened bullish momentum.

- On-chain data: The number of active addresses on the Ethereum network exceeds 920,000, with DeFi's total locked value (TVL) remaining above $85 billion, indicating a high level of ecosystem activity, which supports the price.

- Capital flow: Ethereum ETFs have seen over $630 million flowing in for 11 consecutive days, significantly outperforming Bitcoin, demonstrating a rotation of capital, with institutional funds showing a preference for Ethereum.

Additionally, the Ethereum Pectra upgrade will launch its testnet on June 12, which will enhance transaction processing capacity to 90 TPS and reduce gas fees, supporting long-term value. However, investors should pay attention to the SEC's decision on Ethereum staking ETFs; if approved, it may trigger a short-term spike, while a rejection may warrant caution for a pullback.