Ethereum recorded remarkable movements on June 11, 2025, driven by a convergence of technical and fundamental signals that reinforce a positive outlook for the near and medium-term performance. Technically, the price managed to surpass key resistance levels near $2,735, supported by stable trading above the major 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 the RSI and MACD continue to support the uptrend, with some indications of a potential short-term correction due to the approaching overbought areas. On the fundamental front, the total value locked (TVL) on the Ethereum network continued to grow by nearly 6% over the past month, in parallel with positive institutional inflows into Ethereum-backed ETFs, reflecting the growing confidence of large investors in the network's future. Large traders' wallets (whales) also recorded significant withdrawals from exchanges, amounting to approximately 45,000 ETH, indicating a reduction in selling pressure and a shift toward long-term storage. In light of these data, the price is currently heading toward testing the $2,830–$2,880 area, which represents a significant technical and psychological barrier. If it is consistently breached, it could pave the way for subsequent targets at $3,000 and even $3,500 in the coming weeks.