📈 Ethereum ($ETH) Update – June 2025

Ethereum continues to show resilience and strength in the crypto market. After consolidating around the $3,600-$3,800 range, $ETH is now testing key resistance levels. Here's what the current chart reveals:

🔹 Price Action: $ETH has broken above a descending trendline and is now flirting with the $4,000 psychological barrier. A daily close above this level could signal continuation toward $4,200 and even $4,500.

🔹 Support Levels: Key support remains at $3,700, followed by $3,500. If $ETH holds these zones, bulls remain in control.

🔹 Indicators:

– RSI is trending upwards, nearing overbought territory but still showing bullish momentum.

– MACD has crossed bullishly, signaling strong buying interest.

– Volume is picking up, confirming the breakout attempt.

🔹 Narrative Boost: With increasing Layer 2 adoption and continued ETH staking growth, Ethereum’s fundamentals remain strong. EIP upgrades and institutional interest further solidify its long-term position.

📊 Chart 1: ETH/USD Daily – breakout attempt from trendline

📊 Chart 2: ETH RSI & MACD Indicators

📊 Chart 3: ETH Total Value Locked (TVL) in DeFi (optional)

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TL;DR: $ETH looks bullish, but the $4,000 level remains a key hurdle. Watch for volume confirmation and strong closes. Long-term fundamentals remain solid.