Today, June 16, 2025, Ethereum (ETH) is trading at approximately 2,614 USD, having recorded an intraday range between 2,494 USD and 2,629 USD.
🔍 Observations of the day
ETH rose by 3.7% in the last 24 hours, firmly surpassing 2,600 USD, driven by increased risk appetite and strong inflows into crypto funds.
In recent weeks, large holders (whales) have accumulated millions of ETH: 590,000 since the beginning of June and 818,000 on June 15 (valued at around 2,500 million USD), indicating institutional confidence.
Despite the volatility stemming from geopolitical conflicts, Ethereum remains above 2,500 USD, considered a key support and “base asset” for the on-chain financial ecosystem.
Technically, ETH has surpassed resistance levels of EMAs (20, 50, 100) and indicators like RSI and AO point towards an upward trend, although volume is still moderate, suggesting that confirmation is needed to continue rising.
📈 Key levels
Support 2,517–2,540 USD (recent accumulation zone)
Resistance 2,635–2,640 USD (intraday EMAs and Bollinger)
Upper resistances 2,700 USD and 2,745–2,773 USD (200-EMA/fib)
🔮 Short-term outlook
1. The upcoming Fed meeting (June 17–18) will be key: if it proceeds without surprises, ETH is likely to maintain its recovery momentum.
2. A daily close above 2,640–2,650 USD could trigger a rise towards 2,700–2,800 USD; if it breaks that area, reaching 3,000 USD in the coming weeks is feasible.
3. In case of a correction, ETH is likely to test support in the 2,500–2,540 USD zone, backed by whales.
#Ethereum #ETH #Write2Earrn #Write&Earn