Ethereum (ETH) continues its tug‑of‑war around $2,500–$2,800, driven by macro catalysts and on‑chain trends. Cooling U.S. inflation and a softer CPI print sparked a sharp ~5% rally to ~$2,873 on June 11 . Tech‑level indicators show ETH stuck in a wedge consolidation between $2,700–$2,830, with breakout potential toward $3,000 or beyond if support holds . Institutional demand remains buoyant—record staking (~34.6M ETH) and consistent ETF flows underline strong fundamentals . Watch $2,750 support and $2,900 resistance—risk‑target accordingly to ride the next move.
