🚀 GOOD NEWS (Boosted ETH price)
🌐 “Ether Roars Past $2,700” – 6.5% rally
On June 10, ETH rose more than 6.5%, surpassing the barrier of $2,700 thanks to strong trading volume and technical optimism. Some analysts even see Ethereum in “beast mode,” projecting its arrival at $4,000.
📉 “CPI down + progress in US–China deal” – Increase of 5.6%
On June 11, the publication of soft inflation data and news of a possible trade agreement between the US and China drove a weekly gain of almost 12%, bringing ETH to $2,873.
🛠️ On-chain and DeFi strengths
Record levels of ETH in staking (~34.6M tokens) and growing DeFi dominance (~61% of TVL) highlight the perception of scarcity and demand.
⚠️ BAD NEWS (Put pressure downward)
🗣️ “Trump-Musk clash generates panic” – ETH falls ~6%
On June 6, public tensions between Donald Trump and Elon Musk shook confidence in crypto assets and caused a 6% drop in ETH price.
📉 “Despite Circle's IPO, crypto drops” – Negative reaction
On June 6, Binance, Circle, and others also entered a downward trend: although Circle successfully debuted on the stock market (IPO), ETH fell more than 5%, reflecting the correlation with the drop in the stock market.
⚙️ Technical consolidation after rally
After the May rally (+50%), ETH stagnated in a range of $2,400–2,700, generating short-term uncertainty.
🔍 General summary
What favors ETH:
Strong volume and technical optimism after breaking resistances.
Positive macroeconomic data (soft CPI).
Progress in global trade agreements.
Growing scarcity due to on-chain staking.
Leadership in DeFi and tokenization.
What pressures ETH:
Geopolitical shocks and tensions between influential figures.
Correlation with the stock market, even when there are good corporate news.
Periods of consolidation after significant increases.
📣 Conclusion
Ethereum is at a critical stage. Each catalyst—whether macro, technical, or on-chain—can define its next big move. Economic data and geopolitics remain key, although the strength of the DeFi ecosystem and staking provide structural support.
🎯 What factor do you think will be decisive in the coming weeks? Comment and share!
