📉$ETH Ethereum Update – June 13, 2025
1. Price Snapshot & Market Tone
Current price: ≈ $2,532 (down ~$215, -7.8% intraday)
Daily trading range: $2,466 – $2,770
Today's trend: Sharp pullback across major cryptos—ETH dropped ~9% in 24h, hovering near $2.5K
2. What’s Behind the Drop?
Macro headwinds: Ongoing geopolitical tensions and tariff fears weighing on investor sentiment
Options expiry & profit-taking: Over $3.7B in derivatives rolled off, pressuring ETH and BTC prices
CPI effects: Mixed inflation signals triggered a volatile session, with an initial rally eroded later in the day
3. Technical Outlook & Key Levels
Support area: ~$2,500 is now being tested—holding here could pave the way for a rebound
Resistance zones: $2,645–2,700—clearance above this may revive bullish momentum
Analyst views: A golden‑cross formation hints at a possible renewed rally—some target $3,000 and beyond ($3.5K–4K) in coming months
4. Drivers to Watch
Institutional ETH ETF inflows are significant—BlackRock and others have been buying, signaling long-term stake
Upcoming Pectra upgrade (EIP‑7251 / EIP‑7702) expected mid‑2025 could impact staking and contract functionality