Ethereum $ETH / USDT June 11, 2025 shows confident growth and attracts the attention of traders worldwide. Today, the price of ETH reached $2,854, updating a 15-week high and demonstrating an increase of almost 4% over the last 24 hours. Over the past seven days, the asset has appreciated by 7.4%, and over the month – by 14%.
The market capitalization of Ethereum is $344.5 billion, and the trading volume over 24 hours exceeded $33 billion. An important driver of growth was the breakout from several weeks of consolidation between $2,400 and $2,700, which confirmed the return of bulls to the market. ETH has surpassed the 50% Fibonacci level, and the nearest targets for buyers are the zones of $3,000 and $3,070, where short-term resistance may occur.
Additional momentum was provided by expectations of a decrease in rates by the U.S. Federal Reserve and the opening of a large long position of $11 million by one of the market's 'whales.' At the same time, the support level has now shifted to $2,700, and key resistance is at $3,200 and $3,400. Overall, the technical picture indicates the potential for further growth of ETH/USDT.