$ETH Financial and Business News
Why Is Ethereum Going Up Today? ETH Price Hits 3-Month High After 14% Rally
Wednesday, 11/06/2025 | 07:51 GMT by Damian Chmiel
Ethereum has surged to 15-week highs above $2,800, driven by institutional inflows, whale accumulation, and positive U.S.-China trade developments.
Technical analysis suggests ETH could reach $3,500-$4,000 if it breaks the critical $2,800 resistance level for good.
Long-term Ethereum price predictions for 2025 and beyond suggest even higher levels.
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Ether token standing on a stack of ETH tokens and green up arrow in the background
Why is Ethereum surging today? Check tecnical and fundamental analysis and price predictions
Ethereum (ETH) price has captured the attention of retail traders worldwide as the world's second-largest cryptocurrency breaks through critical resistance levels. With ETH hitting a 15-week high of $2,833 on Wednesday, June 11, 2025, many are asking: Why is Ethereum going up, and where could it head next?
The recent Ethereum price surge represents more than just another crypto rally. Multiple fundamental and technical factors are converging to create what analysts describe as a perfect storm for sustained upward momentum.
Let’s check the current Ethereum quotes for today and the newest ETH price predictions for 2025 and beyond.
Ethereum Price Today Is Rising: Current Market Performance and Key Metrics
Ethereum's recent performance has been nothing short of impressive. The cryptocurrency posted a 5% gain on June 10, breaking above the upper boundary of its month-long consolidation pattern between $2,400 and $2,700. This breakout comes after ETH demonstrated remarkable resilience, rebounding approximately 45% in late May and outperforming both Bitcoin and other DeFi tokens.
During today’s session, June 11, the price of ETH tested an intraday high of $2,833 before pulling back slightly. Ethereum is currently down 0.8% on the day, trading at $2,788, but remains above the recent consolidation zone.#bnb
