According to market analysts, ETH surged 8.61% to $2,420 following former U.S. President Donald Trump's ceasefire announcement between Israel and Iran, reversing war-driven market anxiety and fueling bullish sentiment across cryptocurrencies. On-chain data reveals over $265 million in ETH was accumulated by large holders during the downturn, with network fundamentals showing 1 million new ETH wallets created weekly, a 50% year-over-year increase. Technical analysis indicates ETH rallied from $2,230 to $2,401, with resistance at $2,275 flipping to support and a potential bull flag formation emerging as traders eye the $2,500 threshold.

According to KookCapitalLLC on Twitter, Bitcoin (BTC) has experienced a rapid price recovery, with momentum building towards a potential new all-time high (ATH) in 2025. Recent trading data shows increased volume and renewed bullish sentiment among investors, indicating strong upward pressure on BTC prices. Market participants are closely monitoring resistance levels near previous ATHs, as a breakout could trigger significant inflows and impact broader cryptocurrency markets. Traders are advised to watch for confirmation signals and manage risk accordingly (Source: KookCapitalLLC Twitter, June 20, 2025).