$ETH Here is a brief and updated analysis of Ethereum (ETH) from a technical and fundamental perspective until June 2025:

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🔹 Technical Analysis:

Current Price (June 2025): Approximately $3,500 - $3,700 (may vary by platform)

General Trend: Bullish in the medium and long term.

Strong Support: $3,200

Key Resistance: $4,000

Technical Indicators:

RSI in neutral zones (50–60) → neither overbought nor oversold.

50-day moving average above the 200-day (Golden Cross) → bullish signal.

Price is moving within an upward channel.

📉 If support at $3,200 is broken, we may see a pullback towards $2,800.

📈 And if $4,000 is broken with a strong close, we may head towards $4,500.

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🔹 Fundamental Analysis:

Technical Updates:

The "Dencun" upgrade (implemented) improved network efficiency and reduced gas fees.

Greater support for Rollups and Layer 2 technology, enhancing scalability.

Institutional Demand:

ETF funds on ETH have been approved in some markets.

Increased interest from institutions after Bitcoin.

Supply:

After The Merge, ETH became a deflationary asset (EIP-1559) → reduces supply over time.

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🔹 Summary:

ETH shows strength in performance supported by technical fundamentals and institutional demand.

Short Term: Cautious while monitoring levels of $3,200 and $4,000.

Long Term: Very positive with the potential to return to historical peaks and possibly exceed them.