$ETH momentum is looking strong.

Price broke above $2.8K again, and a lot of it is because of spot demand.

ETFs are buying, Abraxas Capital is buying, and some whales are even selling their BTC for ETH.

Yes, the funding rate looks a bit high but as long as spot demand comes, $ETH will continue to move up.

I think $3.2K-$3.3K ETH in June is highly likely.