🚀 Ethereum breaks 15-week highs

Ethereum reached a peak of $2,833 on June 11, marking its highest price since February, with a rally of 6–7% driven by a combination of technical momentum, ETF flows, and renewed institutional participation.

Strong volume and bullish outlook

On June 10, ETH surpassed $2,700 with an increase of 6.5%, triggered by a volume of 560,000 coins. Analysts at QCP Capital are betting on a possible rise towards $4,000.

Macroeconomic and sentiment factors

The optimism surrounding the global economy—including trade agreements and the anticipation of inflation data from the U.S.—along with 17 consecutive days of net inflows into ETFs, supports the bullish sentiment.

Next technical resistance

$ETH is approaching a critical resistance between $2,800–$2,835. If it manages to break it with solid volume, it could head towards $3,000; otherwise, it might slightly correct towards support at $2,775–$2,700.

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🧭 Final summary

Ethereum remains in bullish territory: reaching multi-month highs, supported by institutional flows, good volume, and macroeconomic factors. Key resistance is being reviewed at $2,800–$2,835 USD. A decisive close above would drive further increases; a drop could bring correction.