$ETH

1. Overview of Ethereum (ETH)

• Name: Ethereum

• Ticker: ETH

• Current Price (Approx.): ~$3,500 (as of June 2025)

• Market Cap: ~$420 Billion

• Rank: #2 (after BTC)

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🔹 2. Fundamental Analysis

✅ Strengths:

• Smart Contract Leader: ETH is the backbone of DeFi, NFTs, and many dApps.

• Network Effect: Thousands of developers and dApps are built on Ethereum.

• Proof of Stake (PoS): After “Merge,” ETH is energy-efficient and scalable.

• Layer 2 Ecosystem: Arbitrum, Optimism, zkSync, and others scaling ETH.

• ETH Burn Mechanism: EIP-1559 burns a portion of fees, making ETH deflationary.

❌ Weaknesses:

• High Gas Fees: Still an issue during network congestion.

• Scalability Still Developing: Full benefits of sharding not yet realized.

• Competition: From Solana, Avalanche, Sui, Aptos, etc.

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🔹 3. Technical Analysis (June 2025)

📈 Key Levels:

• Support Zones: $3,200 / $2,800

• Resistance Zones: $3,800 / $4,200 / $4,800

• All-Time High (ATH): ~$4,878 (Nov 2021)

📊 Indicators:

• RSI (Daily): Around 60 – bullish but not overbought.

• MACD: Shows bullish crossover – momentum building.

• 50-day MA > 200-day MA: Golden cross indicates long-term bullish trend.

📉 Short-Term Outlook (1–4 weeks):

Likely bullish toward $3,800–$4,200 if BTC holds above $70K.

📈 Mid-Term Outlook (2–6 months):

ETH could retest ATH if ETFs are approved or BTC hits new highs.

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🔹 4. On-Chain Metrics

• ETH Supply Staked: Over 25% of total ETH is now staked — reduces sell pressure.

• Burn Rate: ~50% of ETH issued is burned = deflationary pressure.

• Active Addresses: Healthy growth, though flattened since early 2025.

• DeFi TVL (Total Value Locked): ~$70B on Ethereum, growing again.

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🔹 5. Catalysts & News

📢 Bullish Catalysts:

• Ethereum Spot ETF Approval (Expected 2025): Huge inflow possible.

• ETH 2.0 Upgrades: Danksharding and Proto-danksharding (EIP-4844) could drop gas fees drastically.

• Institutional Adoption: Growing interest from traditional finance