$ETH Ethereum is currently trading around $2,518, having dipped from intraday highs near $2,770 . Despite this pullback, the market remains cautiously optimistic. A total of $699 million flowed into Ethereum ETFs in June, bolstering institutional interest . Technically, ETH is consolidating between $2,745–$2,850, with many expecting a breakout toward $3,000–$4,000 if key resistance is breached . On-chain signals such as rising futures open interest (15 million ETH) and increased accumulation address inflows underscore growing bullish sentiment . Macro factors—cooler U.S. inflation, ETF momentum, and Layer‑2 ecosystem expansion—support the positive outlook. In the short term, watch the $2,500–$2,550 support zone, failure to hold here could risk a deeper correction.