On June 11, 2025, Ethereum recorded significant movements, driven by a convergence of technical and fundamental signals that enhance the positive outlook for short- to medium-term performance. Technically, the price managed to surpass key resistance levels near $2735, supported by the stability of trading above key moving averages (EMA 50 and 99), and the appearance of a golden cross on the daily chart, which is considered a strong bullish signal. Momentum indicators such as RSI and MACD continue to support the upward trend, with some indications of a potential short-term correction due to approaching overbought territory. On the fundamental side, the total value locked (TVL) on the Ethereum network continued its growth by nearly 6% over the last month, alongside positive institutional flows towards Ethereum-backed ETF funds, reflecting increasing confidence from major investors in the network's future. Additionally, wallets of large traders (whales) recorded notable withdrawals from exchanges, amounting to approximately 45,000 Ethereum, indicating a reduction in selling pressure and a shift towards long-term storage. In light of this data, the price is currently heading towards testing the $2830–2880 area, which represents an important technical and psychological barrier, and if it is broken consistently, it could open the way towards subsequent targets at levels of $3000 and even $3500 in the coming weeks.