Ethereum has once again returned to the spotlight as market sentiment improves and institutional interest grows. This analysis reviews the current price action, the impact of significant ETF inflows, and the appearance of new blockchain projects like JetBolt (JBOLT). With Ethereum hovering around $2,500, some analysts are predicting a potential move toward $10,000. But is such a rally realistic, or merely another wave of overenthusiasm in the crypto market?
ETFs, Whales, and Supply Constraints
Over the past three weeks, Ethereum ETFs have recorded unprecedented inflows of $837.5 million. Major financial players such as BlackRock and JPMorgan have been steadily increasing their ETH exposure. Simultaneously, on-chain activity continues to grow, with active addresses on Layer 2 networks surpassing 17.4 million and total value locked (TVL) in DeFi reaching $86.63 billion, reflecting a healthy and expanding ecosystem.
In addition, over 32.8 million ETH is currently staked, which has reduced the available supply and may serve as a price support factor in the mid to long term.
Despite these bullish indicators, whale activity suggests caution. One large holder moved 4,732 ETH—valued at nearly $12 million—after four years of inactivity. In total, more than 350,000 ETH has been transferred to exchanges in the past week. These movements could indicate potential profit-taking or preparations for short-term selling pressure.
JetBolt (JBOLT): A Rising Player in Web3
Amid growing focus on Ethereum’s price trajectory, a new project named JetBolt (JBOLT) has attracted the attention of several market participants. This altcoin leverages a zero-gas fee structure and high-speed transactions, and has already secured $3.3 million in presale funding.
JetBolt aims to offer a more seamless, faster, and cost-effective blockchain experience. Some analysts believe it could capture a share of Ethereum’s Layer 2 market by providing innovative solutions that meet user demands for scalability and efficiency.
Ethereum Price Analysis – June 10, 2025
Ethereum is currently trading around $2,668, testing a significant resistance zone. Following a strong recovery from the $1,600 level in April, the market structure remains bullish. However, price action is now showing signs of consolidation, indicating a period of uncertainty as traders await new catalysts.
Key Price Levels
Resistance Levels:
- $2,750: Immediate short-term resistance. A breakout could signal a move toward $3,000.
- $3,000: A psychological and technical level of resistance.
- $3,500: A long-term resistance area, corresponding to the December 2024 highs.
Support Levels:
- $2,500: First level of daily support.
- $2,350: Mid-range support, important for maintaining the bullish market structure in case of a pullback.
- $2,000: Major structural support and the origin of the most recent bullish trend.
Outlook
Ethereum is at a critical point. A decisive break above $2,750 could open the path to higher price targets such as $3,000 and $3,500. However, failure to overcome resistance might lead to a corrective phase, with potential support tests at $2,350 or even $2,000.
Investors and traders should watch price action closely and consider macroeconomic developments and on-chain data when evaluating risk and making decisions.
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