📆 June 11, 2025 – ETH Daily Recap
• 🔻 Price Action: ETH closed down ~$52 (-1.8%) at $2,760.63, after trading between $2,759–$2,871 during the day.
• 📈 Built-in Resilience: Despite the dip, the price held above its key intraday low—signaling some underlying support.
• 📊 Market Drivers: The broader crypto market rallied ahead of U.S. inflation data. ETH approached the $2,800 level amid optimism, though it retraced slightly post-report .
• 💡 Institutional Flows: Institutional interest remained steady—last week’s inflows saw ETH-focused products leading with $296M, marking seven weeks of consecutive inflows (~$1.5B in total) .
• 📈 Network Fundamentals: ETH staking reached a record high at 34.8M ETH (~28% of supply), highlighting growing adoption and network confidence .
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🧭 What’s Next?
• Resistance Zone: $2,800–$2,850 – holds potential to reinvigorate buyers.
• Support Level: $2,720–$2,750 – watch for potential bounce points.
• Catalysts: Upcoming U.S. inflation figures, any regulatory updates on staking or ETF pathways.
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🗳️ Poll: How do you see ETH moving next?
1️⃣ Bounce back toward $2,800+
2️⃣ Sideways consolidation
3️⃣ Risk of dropping to $2,700 or below
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