$ETH

Ethereum ($ETH) Market Discussion (June 12, 2025)

- Price & Trends: ETH trades at $3,572.30, up +1.84% (24h) and +6.12% (7d), reflecting cautious optimism amid a tight range between $3,480 support and $3,600 resistance. Technical indicators (RSI: 61.8, MACD bullish crossover) suggest upward momentum if $3,720 is breached .

- Key Catalysts:

- Institutional Demand: ETH ETFs recorded $295M weekly inflows, boosting institutional confidence .

- Protocol Upgrades: Post-"Pectra" upgrade, gas fees stabilized (average swap: $4.27), improving scalability and staking yields (34.5M ETH locked) .

- Macro Risks: U.S. CPI data (June 13) may trigger volatility; Fed rate decisions remain pivotal .

- **Near-Term Outlook**:

- Bullish Case: Break above $3,600 could target $3,750+, fueled by ETF inflows and Layer-2 growth .

- Bearish Risks: Failure to hold $3,480 may retreat to $3,320 (50-day EMA). Rainbow Chart models warn of a potential drop to $862 (extreme bear scenario)