$ETH Current Performance

• ETH is trading around $2,787, up approximately +3.5% over the past 24 hours  .

• As of June 10–11, ETH has bounced strongly, reclaiming above $2,700 resistance on solid volume .

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📈 Market Drivers & Technical Outlook

Institutional & ETF Momentum

• Spot ETH ETFs, including major players like BlackRock, have delivered four consecutive weeks of inflows, adding nearly 98,000 ETH last week and shifting holdings to about 3.77 M ETH .

• This institutional demand has helped reinforce a firm support range around $2,460–$2,500 and fueled renewed confidence .

Technical Patterns & Forecasts

• ETH is carving an ascending triangle pattern between $2,400–$2,800—technically bullish and targeting a potential breakout .

• Analysts and indicators, including a Gaussian channel model, forecast range potentials of $3,100–$3,600, with optimistic targets toward $4,000 .

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🎯 Key Levels to Watch

• Strong support: $2,460–$2,500 range .

• Immediate resistance: $2,700–$2,800 zone — recent breakout on June 10 .

• Next upside targets: $3,100–$3,600, or possibly $4,000 if momentum holds