Here’s your Ethereum update for today, June 11, 2025:
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📈 Price Snapshot & Drivers
Current Price & Intraday Range: ETH is trading around $2,828, swinging between approximately $2,750–$2,871 .
Today’s Surge: A strong rally (~5.6%) lifted ETH to a 10-day high near $2,873, fueled by a soft U.S. CPI report and optimism around a provisional U.S.–China trade framework .
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🔍 Key Market Catalysts
1. Institutional & Whale Activity
A whale launched an $11 million leveraged long (25×) at around $2,758—now enjoying ~$366k unrealized profit .
Ethereum investment products attracted $296 million in inflows this past week—the seventh straight weekly inflow—while BTC saw outflows .
2. Macro Environment
Cooling May CPI and signs of a U.S.–China trade deal supported a risk-on sentiment, lifting both equities and crypto .
3. Technical Momentum
ETH broke key resistance zones around $2,700–2,800, with strong volume validating the breakout .
It now faces short-term resistance at $2,900, with the next psychological milestone at $3,000—and even technical upside towards $3,148–3,200 if momentum sustains .
4. On‑Chain & Sentiment Indicators
Staking hit a record ~34.8 million ETH (~28‑29% of the total supply), reducing liquid float .
Elevated options skew and stronger call demand signal rising short-term bullish positioning .
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🔮 Outlook Summary
Bullish Scenario: If ETH sustains above $2,750–2,760, look for continued upside—first test $2,900, then aim for $3,000+, potentially pushing toward $3,100–3,200 if institutional momentum continues.
Risk Factors: Overheating could trigger profit-taking. Long-term holders (LTHs) have been active in May–June; persistent selling may force a pullback to $2,680–2,750 .
