$ETH Ethereum (ETH) is trading around $2,693 today, ranging between $2,520 and $2,720. The price is consolidating after a steady rise from mid-May, with strong support at $2,350 and potential breakout resistance near $2,720. Technical indicators are mostly neutral to bullish, with some platforms marking ETH a “Strong Buy.” On-chain signals remain strong—exchange reserves are shrinking, staking is at record levels, and Layer-2 activity is increasing. Institutional interest is high, with over $1.5B flowing into ETH ETFs and futures open interest up 40% in the past month. Analysts see signs of an upcoming breakout, especially if ETH clears $2,720. A move above this could target $3,000, while failure to hold support might lead to short-term declines.
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