$ETH
The **ETH/USDT** trading pair is one of the most watched in crypto, offering deep liquidity and volatility for traders. As of **June 11, 2025**, Ethereum is trading at **$2,762.12 (2,762.12 USDT)**, up **1.56% in 24 hours** and **4.39% over the past week** . Meanwhile, Tether (USDT) remains pegged to the dollar, serving as a stable benchmark for ETHโs price movements.
### **๐ Key ETH/USDT Trends & Metrics**
1. **Recent Performance**
- ETH has surged **14% in June**, hitting a **3-month high of $2,833** before a slight pullback .
- Institutional inflows (e.g., **BlackRockโs iShares Ethereum Trust**) and the **Pectra upgrade** (boosting staking efficiency) are key drivers .
- Trading volume spiked to **$1.51B on June 10**, with whale activity fueling momentum .
2. **Technical Outlook**
- **Bullish Signals**: ETH broke out of a **$2,400โ$2,700 consolidation range**, with next targets at **$3,000 (psychological resistance)** and **$3,500 (cup-and-handle pattern)** .
- **Support Levels**:
- **$2,700** (50% Fibonacci retracement)
- **$2,400** (previous consolidation low) .
- Indicators: **RSI is neutral (50.95)**, suggesting room for upward movement before overbought conditions .