According to market data on June 11, 2025, ETH is showing an upward trend today, with technical and fundamental factors intertwining to drive price fluctuations. The following are key analyses:

Technical Analysis

Price Movement: After breaking through the $2500 mark in the morning, ETH continued to rise, reaching a daily high near $2800, but in the afternoon, it slightly retreated to the 2760-2780 range due to profit-taking. On the daily chart, it broke through the 200-day moving average ($2660) and the upper boundary of the consolidation range ($2780), forming a bullish arrangement, indicating a strong medium-term trend.

Indicator Signals: The 4-hour chart shows short-term support at $2730-2760. If it holds above $2780, it may challenge the resistance zone of $2828-2872; if it falls below $2730, it could retrace to $2670. The current RSI is close to the overbought zone, and the KDJ death cross and TD Sequential bearish signals indicate short-term adjustment risks.

Fundamental Analysis

Ecosystem Progress: The Ethereum 2.0 upgrade is progressing smoothly, with staking reaching 34.65 million ETH (30% of circulating supply), coupled with the expansion of blockchain games and other application scenarios, enhancing market confidence.

Institutional Trends: Major funds have been continuously net inflowing, with increased exchange liquidity, and the market capitalization has risen to $337.64 billion, surpassing Industrial and Commercial Bank of China, indicating increased institutional holding willingness.

Investment Advice

In the short term, focus on the 2730-2780 dollar range for fluctuations. If it breaks through $2800, it may accelerate to the target range of $2900-3000; in the medium to long term, supported by ecosystem upgrades, a retracement to around $2500 can be seen as a layout opportunity. Be wary of Federal Reserve policy adjustments and technical pullback risks, and it is recommended to combine stop-loss strategies and diversify allocations to cope with volatility.