$ETH Ethereum as of June 11, 2025:
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📈 Price & Market Momentum
ETH is currently trading around $2,796, marking a 4.6% gain in the past 24 hours and hovering near recent highs in the $2,800–2,820 zone .
Futures open interest hit a record $40 billion, as short liquidations accompanied ETH surging past $2,800—its highest since February .
Spot ETH ETF inflows continue strong, with around $838 million entering over the past few weeks .
🔄 Technical Outlook
Ethereum is currently testing a bullish flag/pennant between $2,650–$2,700. A breakout above $2,800–$2,820 could propel it toward $3,000, while a drop below $2,600 might trigger a pullback to the $2,500–$2,450 range .
Short-term targets include $3,000 and beyond ($3,200–$3,800) by late 2025, if momentum continues .
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✅ Summary
Price strength: ETH broke through key resistance at ~$2,800, driven by ETF inflows and liquidations.
Network growth: Address activity surging +70% in Q2.
Key upgrades: Pectra live; new security report published.
Institutional adoption: Stablecoin launches and ETF engagement continuing to scale.
Watchlist zones: Resistance at $2,800–$2,820, breakout could lead to $3,000+; support around $2,500–$2,600 if things reverse.
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