$ETH
Here’s a concise 110-word analysis of **Ethereum (ETH)** price trends as of **June 12, 2025**:
**Bullish Case**:
ETH is trading near **$2,795**, testing key resistance at **$2,835**. A breakout could target **$3,000–$3,150**, supported by bullish technicals:
- **Breakout from consolidation** on 4-hour charts, with Bollinger Bands expanding .
- Strong momentum: RSI (57.5) and MACD signal upside potential .
- Institutional inflows (e.g., **$120M into ETH ETFs**) and staking demand (34.65M ETH locked) bolster fundamentals .
**Bearish Risks**:
Failure to hold **$2,775** may trigger a pullback to **$2,660–$2,713** . Macro risks (e.g., Fed rate decisions) could dampen sentiment .
**Verdict**: Short-term bullish if **$2,835** breaks; otherwise, consolidation likely.
(DYOR)