$ETH Here’s a clear snapshot of Ethereum (ETH):

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📊 Price Overview

Current price: ~$2,530.70, down about 8.04% from yesterday’s close

Today’s trading range: ~$2,466 – $2,770

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🗞️ Recent Market Movers

Institutional inflows & ETF momentum:

ETH is gaining traction via U.S. spot ETF investments—$286 M inflows noted in May and June, supporting prices near ~$2.8K .

Whale accumulation is rising: some large holders added 2,000+ ETH, and staking now exceeds 34M ETH (~28%) .

Technical patterns:

Recently rejected near $2,875; current resistance lies between $2,600–$2,700. Holding above $2,500 is crucial .

Forecast range: short-term bounce if it stays above $2,500; breakout above $2,925–$3,000 would support a move into the $3,000+ territory .

Sell‑pressure concerns:

The MVRV indicator warns of near-term profit-taking risk below ~$2,410 .

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🔍 Summary – Ethereum Outlook

Time Horizon Scenario

Short-term Volatile around $2,500–$2,700. Watch for support at $2,500; a break below $2,400 risks deeper pullbacks.

Medium-term Bullish if ETF and institutional inflows continue. A reclaim of $2,925–$3,000 could drive further gains toward $3,500.

Catalysts to monitor ETF inflows, staking metrics, institutional accumulation, technical breakout above resistance.

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🗺️ Macro Context & Key Risks

Maturing market: Reduced volatility and stronger fundamentals echo broader crypto trends .

External factors: Crypto remains sensitive to macro indicators—e.g., U.S. CPI and Fed decisions (e.g., June 13 CPI, June 18 FOMC) .

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Would you like an on‑chain analysis, a comparison with other altcoins, or help crafting an entry/exit strategy? I can also track ETH DeFi metrics, staking returns, or upcoming protocol upgrades like Pectra.