$ETH
Hereโs your fresh $ETH (Ethereum) snapshot for June 14, 2025:
๐ฐ $ETH Market Overview
Current Price: ~$2,760
24H Change: โฌ -1.2%
Market Cap: ~$331B
Rank: #2 by market cap
Circulating Supply: ~120.1M ETH
๐ Price Action Summary
Short-Term Trend: Consolidating after rejection near $2,900
Support: $2,700 (holding for now)
Resistance: $2,880โ$2,950
RSI (4H): ~42 โ slightly bearish
MACD (1H): Bearish momentum building
Bollinger Bands: Tightening โ breakout coming?
๐ง On-Chain & Ecosystem Updates
ETH Staked: Over 32.5M ETH (~27% of supply)
Gas Fees: Low to moderate, averaging ~$3.20
L2 Adoption: Arbitrum, Optimism, and Base remain dominant
Active Devs: Ethereum still leads in GitHub dev activity
๐จ Recent News
ETF Watch: Rumors swirl that ETH spot ETFs could get approved by Q3 2025. Price likely to react hard.
Restaking Surge: EigenLayer is heating up โ ETH restaking is a hot DeFi narrative.
Dencun Upgrade Impact: Proto-danksharding (EIP-4844) has reduced L2 costs significantly.
๐ง Market Sentiment
Bulls say:
โETH is undervalued โ L2s are scaling beautifully and ETF approval is the next catalyst.โ
Bears say:
โToo much ETH is staked, making the market illiquid and slow to recover.โ
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