$ETH Ethereum (ETH) has experienced outstanding growth at the beginning of June 10, 2025, when the price surged over 9%, exceeding the $2,750 mark. This is the peak level since May 29, reflecting an increase of nearly 15% from the weekly low at the $2,400 threshold. This intra-day breakout may signal the end of a sideways accumulation phase.

The rise of ETH is not occurring in isolation, but rather is synchronized with a resurgence across the entire cryptocurrency market. Continuous capital inflow into Ethereum ETF funds – the strongest inflow since the 2024 United States general election – is playing a pivotal role. For 16 consecutive days, Ether ETF funds have attracted over $880 million, creating the longest inflow streak ever.

At the same time, institutional investors are quietly accelerating their acquisition of ETH, notably BlackRock – a major asset management firm that currently holds over $2.71 billion in ETH, having recently purchased more than $500 million alone. The institutional buying pressure is a convincing testament to the strong belief in ETH's price prospects.

If this trend continues, along with favorable market conditions, the likelihood of Ethereum continuing to climb is very high. Notably, the accumulation process over the past weeks has triggered a technical pattern known as 'cup and handle', which is evaluated as a super bullish structure in cryptocurrency chart analysis.