According to @doctortraderr, Ether (ETH) surged towards the $3,000 level, hitting an intraday high of $2,873.46, driven by a tentative U.S.–China trade framework and a soft U.S. CPI report for May, which showed a mere 0.1% month-on-month rise. This rally is supported by strong structural tailwinds, including a record 34.65 million staked ETH and a 16-day inflow streak for ETH ETFs, as cited in the report. Meanwhile, institutional adoption of crypto continues to grow, with JPMorgan filing for a crypto platform and Strategy purchasing over 10,100 BTC. Analyst firm BRN noted a structural shift towards institutional dominance, maintaining a high-conviction view that prices will grind higher into 2025 due to a favorable risk/reward asymmetry. For traders, key technical levels for ETH are the support band at $2,750–$2,760 and upside targets at $2,900 and $3,000. For Bitcoin (BTC), the 50-day simple moving average has emerged as a critical support level.

According to @StockMKTNewz, Ether (ETH) is rallying towards the $3,000 mark, propelled by positive macroeconomic developments. A softer-than-expected U.S. May CPI report, with a modest 0.1% month-on-month rise, has increased expectations for a Federal Reserve rate cut later this year, as cited in the report. This, combined with news of a potential U.S.–China trade framework, has boosted risk appetite. The report notes that ETH vaulted to an intraday high of $2,873.46 on significant spot volume. From a technical perspective, traders are watching for a decisive close above the $2,900 resistance level to confirm a move towards $3,000, with immediate support established in the $2,750–$2,760 range. The analysis also highlights strong structural tailwinds, including record staked ETH, a 16-day streak of ETF inflows nearing $900 million, and record-high futures open interest, all signaling sustained institutional engagement. Meanwhile, the broader crypto market, including Bitcoin (BTC), remained largely indifferent to renewed U.S. tariff threats, which Coinbase analysts reportedly view as a disregarded economic risk.