đ 1. Breakout Battle at $2,500
Crypto analyst Rekt Capital highlights that $ETH needs to reclaim the ~$2,500 level decisivelyâclosing daily above itâto trigger a strong bullish rally. Until then, expect sideways trading between $2,200â$2,500 .
Options data for expiry tomorrow (June 27) support this range: strikes clustered around $2,450-$2,500 are seeing high call activity, while puts are lighterâimplying bullish sentiment. A breakout could propel ETH toward $2,800 .
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đ 2. Price Action: Momentum Building
Morningstar reports ETH trading up modestly (+0.16%) to ~$2,445.87, the biggest single-day percentage gain since June 24 .
CryptoâŻTimes notes a ~2% rise, with ETH repeatedly testing the $2,500 resistance and recording a notable 13% recovery off recent lowsâbuoyed by easing geopolitical tensions .
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đĄ 3. New Market Activity & Services
PFMCrypto has launched AIâpowered ETH cloud mining contracts targeting passive returnsâstarting at $3/day on a $100 contract. The platform touts âcapital protectionâ and daily withdrawals .
SharpLink Gamingâs recent Ethereum accumulation (adding 12,207 $ETH , ~$30.6M) highlights continued institutional interest .
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đ Outlook & What to Watch
Factor Key Levels
Resistance $2,500â$2,600: weekly pivot point
Support $2,200: major downside floor
Options Expiry (June 27) ~$2.3B in ETH contracts; high call interest above $2,450â$2,500
Options expiry tomorrow could set the toneâif $ETH closes the month above $2,500, it could trigger more upside.
Monitor call vs. put open interest: a skew toward calls suggests bullish bets.
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đ Bottom Line
Ethereum is approaching a critical resistance zone. Strong technical signs and bullish options positioning point to big potentialâespecially if ETH can close above $2,500 on a daily basis ahead of tomorrowâs expiry. Else, expect consolidation between $2,200â$2,500.