š„ $ETH Poised for June Moves? ETF Buzz & Key Levels to Watch!
$ETH has been consolidating after a strong May performance, currently hovering around the $2600-$2650 zone. š§ Market participants are closely watching for the next directional move. While June has historically been a mixed month for $ETH, recent positive sentiment is fueled by institutional interest, potential ETF inflows, and ongoing network development, including a cautious approach to scaling for long-term health. š
š Trading Outlook (spot, no leverage advised for these levels):
š Potential long if $ETH decisively breaks above the $2750 - $2800 resistance, with eyes on the $3000 psychological level.
š Short setup only if $ETH loses the $2450 support, which could signal a deeper retracement.
Broader market conditions and upcoming inflation data could influence direction. Stay sharp! š¤
ā ļø NFA/DYOR.
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