📉 $Ethereum Update – June 13, 2025

1. Price Snapshot & Market Tone

Current price: ≈ $2,532 (down ~‎$215, -7.8% intraday)

Daily trading range: $2,466 – $2,770

Today's trend: Sharp pullback across major cryptos—ETH dropped ~9% in 24h, hovering near $2.5K

2. What’s Behind the Drop?

Macro headwinds: Ongoing geopolitical tensions and tariff fears weighing on investor sentiment

Options expiry & profit-taking: Over $3.7B in derivatives rolled off, pressuring ETH and BTC prices

CPI effects: Mixed inflation signals triggered a volatile session, with an initial rally eroded later in the day

3. Technical Outlook & Key Levels

Support area: ~$2,500 is now being tested—holding here could pave the way for a rebound

Resistance zones: $2,645–2,700—clearance above this may revive bullish momentum

Analyst views: A golden‑cross formation hints at a possible renewed rally—some target $3,000 and beyond ($3.5K–4K) in coming months

4. Drivers to Watch

Institutional $ETH ETF inflows are significant—BlackRock and others have been buying, signaling long-term stake

Upcoming Pectra upgrade (EIP‑7251 / EIP‑7702) expected mid‑2025 could impact staking and contract functionality. #MarketPullback #BinanceHODLerHOME #BinanceHODLerRESOLV