$ETH ✅

📈 Current price and fluctuation

• Price: around USD 2,771–2,780  .

• Intraday range: minimum near USD 2,757 and maximum close to USD 2,871 .

• 24h variation: slight decline (~–0.9% to –1%) .

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🛠 Why is ETH rising?

1. Institutional flows

• Daily investments in Ethereum ETFs, such as the inflow of USD 125 M in one session, the highest since February .

• Grayscale ETHE recorded USD 13.3 M in inflows on June 11 .

2. Technical activation and on-chain behavior

• ETH broke the upper limit of the monthly range, bouncing from USD 2,700, with strong support in that area .

• Accumulation by “whales”; a trader entered with a leveraged position of USD 11 M, generating USD 366 k in “paper” profit upon reaching ~USD 2,850 .

3. Macroeconomic context

• The market is excited about possible inflation data in the U.S., which encouraged ETH towards the USD 2,800 area .

4. Structural strength

• There have been seven consecutive weeks of inflows into ETH products, driven by spot ETFs and improvement in stablecoin adoption and technical momentum .

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🔮 What's next?

• Resistance to overcome: USD 2,800 is a key level. A sustained close above could pave the way towards USD 3,500–4,000, according to technical analysis .

• The continuation of inflows in ETFs and the accumulation of large players could sustain the trend.

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🧠 General outlook

Ethereum is showing significant strength driven by a combination of factors: institutional adoption (ETFs), solid technical support, and positive macro sentiment. If it manages to consolidate above USD 2,800, the next target could be in the range of USD 3,500–4,000. Otherwise, we could see corrections towards support areas at USD 2,700–2,600.