$ETH

Here’s your fresh $ETH (Ethereum) snapshot for June 14, 2025:

💰 $ETH Market Overview

Current Price: ~$2,760

24H Change: ⬇ -1.2%

Market Cap: ~$331B

Rank: #2 by market cap

Circulating Supply: ~120.1M ETH

📉 Price Action Summary

Short-Term Trend: Consolidating after rejection near $2,900

Support: $2,700 (holding for now)

Resistance: $2,880–$2,950

RSI (4H): ~42 → slightly bearish

MACD (1H): Bearish momentum building

Bollinger Bands: Tightening → breakout coming?

🔧 On-Chain & Ecosystem Updates

ETH Staked: Over 32.5M ETH (~27% of supply)

Gas Fees: Low to moderate, averaging ~$3.20

L2 Adoption: Arbitrum, Optimism, and Base remain dominant

Active Devs: Ethereum still leads in GitHub dev activity

🚨 Recent News

ETF Watch: Rumors swirl that ETH spot ETFs could get approved by Q3 2025. Price likely to react hard.

Restaking Surge: EigenLayer is heating up — ETH restaking is a hot DeFi narrative.

Dencun Upgrade Impact: Proto-danksharding (EIP-4844) has reduced L2 costs significantly.

🧠 Market Sentiment

Bulls say:

ETH is undervalued — L2s are scaling beautifully and ETF approval is the next catalyst.”

Bears say:

“Too much ETH is staked, making the market illiquid and slow to recover.”

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