$ETH

Ethereum (ETH)

Here’s today’s snapshot of Ethereum (ETH)—with current market performance and key developments:

• Price Action: ETH is trading around $2,765, with intraday range between $2,711–$2,821, showing modest gains (~1%) today  .

• Technical Resistance: ETH recently broke above the $2,700–$2,800 range, with analysts identifying a bullish breakout pattern and targeting the $3,000 threshold .

• Recent Rally: A ~6–7% surge on June 10 pushed ETH above $2,700, fueled by strong trading volume and growing institutional inflows—momentum that some describe as entering “beast mode” .

• On‑chain & Staking: A record 34.65 M ETH are staked (≈28.7% of supply), reflecting long-term holder commitment—plus the upcoming Pectra upgrade boosts network efficiency and lowers gas costs .

• Outlook: If ETH sustains above $2,800–$2,835, it could target $3,000–$3,150. However, failure to hold $2,700 may pull it back toward the $2,400–$2,500 support zone .

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🔍 Takeaways:

ETH is currently in a bullish phase, supported by institutional interest, strong staking metrics, and network upgrades. Watch the $2,800–$2,835 zone—its breach could pave the way to the $3K mark, while a slip below $2,700 might signal a retrace.