Ethereum (ETH) Market Summary – Bullish Outlook (as of June 2025):
Trend: Bullish, with upward momentum continuing since mid-May. Current Price Range: ~$2,620–2,800. Bullish Signals:
- Strong rebound from $1,840.
- Technical patterns (bull-flag, cup & handle) suggest targets up to $3,670.
- Options market shows rising bullish sentiment (25-delta skew: -7%).
- Whales opening $11M+ leveraged positions.
- Institutional activity growing (ETH futures at ATH, ETF inflows rising).
Support Zones: $2,316–$2,600. Risks:
- Resistance at $2,800–2,850 may slow momentum.
- RSI approaching overbought could lead to short-term pullback.
- A drop below $2,462 could test $2,000–2,300 range.
📈 Verdict: ETH remains bullish, but a clean breakout above $2,850–3,000 is key for sustained rally.
