$ETH

To analyze Ethereum (ETH), I will provide you with a simplified technical analysis based on the overall price behavior, along with a look at the influencing fundamentals.

⚠️ Warning: The analysis is not considered financial advice, but for educational and informational purposes only.

Today's Date: June 11, 2025

🔸 Technical Analysis for ETH/USD (General Data until June 2025

🔹 Overall Trend:

• Overall trend since the beginning of 2025: bullish, but with strong corrections at certain stages.

• The price is currently fluctuating between $1900 - $2050.

• Strong resistance area: $2100 – $2150

• Strong current support: $1820 – $1850

🔹 Technical Indicators:

• 50-day moving average: inclined to rise, supporting the positive trend in the medium term.

• Relative Strength Index (RSI): hovering around 55, no current overbought or oversold conditions.

• MACD: weak positive crossover, needs confirmation in upcoming sessions

🔹 Important Levels to Watch:

Level Importance

$2150 strong resistance – breaking it confirms a new bullish wave

$2000 current psychological and technical resistance

$1850 important support, breaking it opens the way for $1720

$1720 major support – previous monthly low

🔸 Fundamental Analysis:

✅ Positive Factors:

• Continuous development in Layer 2 on the Ethereum network (like Arbitrum and Optimism).

• Increasing institutional adoption of smart contracts across Ethereum.

• Declining ETH issuance rate post-Merge reduces selling pressure.

❗ Negative Factors:

• High gas fees at certain times still pose a challenge.

• Delay in some technical upgrades (like Danksharding) may affect developer confidence.

• Potential regulatory pressure from the US SEC.

🔸 Potential Scenarios:

✅ Positive Scenario:

• If the $2150 level is firmly broken, the next targets may be:

🔸 $2250 then $2400 in the medium term.

❌ Negative Scenario:

• If the price breaks below $1850, it may drop to

🔻 $1720, then $1600 if selling pressure increases.

🧭 Proposed Strategy for Day Traders:

• Monitor break/penetration of the range $1850 – $2150.

• Buy only after confirming a break of resistance with high trading volumes.

• Strict stop-loss below $1820 in case of purchase entry.