Here’s the latest outlook on Ethereum (ETH):

--#ETH #

Price Overview

Trading around $2,780, recovering from a $2,661 intraday low to $2,821 high.

This marks a +3.1% uptick since yesterday.

Market Momentum

Surged ~6.5% to break above $2,700 on June 10, driven by strong trading volumes (~560K ETH, over $1.5 billion) and bullish trader sentiment, with some analysts eyeing $4,000 as the next milestone .

Ethereum hit the $2,800 level on June 10—a key psychological resistance—with volume rising ~35% and short-term technicals pointing to higher volatility .

Institutional Activity

ETF inflows are robust: Fidelity’s Ethereum ETF received $26.3 million on June 11, highlighting sustained demand from institutional investors .

Total inflows into ether-based ETFs have surpassed $837 million since mid-May, signaling investor confidence and reducing ETH exchange reserves .

Technical & On‑Chain Insights

Strong indicators: bullish RSI and MACD patterns; rising triangle consolidation between $2,400–$2,700 suggests a breakout setup .

Network fundamentals are solid: TVL grew ~6% last month to over $66 billion, active addresses rose by ~15%, while staking and exchange withdrawals tightened supply