• Ethereum price jumped above $2,800.
• ETH is seeing positive factors amid altcoin season chatter and as regulatory readability inches nearer.
• With market sentiment constructive, ETH bulls might seemingly reclaim $3,000 as they eye a breakout.

Ethereum (ETH) price has once more moved above $2,800 after gaining greater than 4% prior to now 24 hours.

The highest altcoin reached an intraday excessive of $2,832 throughout main cryptocurrency exchanges, with these positive factors coming amid a strong spike for altcoins.

Market sentiment was additionally constructive after Securities and Trade Fee chair Paul Atkins commented on crypto and decentralised finance.

Whereas Ethereum price hovered round $2,769 on the time of writing, it remained 3% up in 24 hours and with day by day quantity at $32.5 billion.

The metric confirmed a 28% enhance within the final 24 hours.

Ethereum price rides contemporary sentiment to above $2,800

The price of Ethereum, the main altcoin by market cap, has jumped from a low of $2,399 on June 6, 2025, to hit highs above $2,832.

This transfer noticed ETH rise to its highest stage since February, with this coming as Bitcoin retested the $110,000 stage.

Macroeconomic tailwinds and the US-China commerce conflict truce have contributed to this upside motion for ETH.

Additionally seemingly enjoying a bullish catalyst is the assertion SEC Chair Paul Atkins issued on DeFi and crypto.

With Ethereum, the highest decentralized finance ecosystem, Atkin’s remarks throughout the company’s Crypto Job Drive roundtable have bulls in an upbeat temper.

As analysts have identified, regulatory readability is a key issue available in the market, and the SEC’s ongoing quest to make sure this has garnered a number of reward throughout crypto.

Ethereum price prediction

In keeping with QCP analysis, Ethereum is prone to spike within the coming weeks and months amid numerous tailwinds.

In a submit on X, the analysts say Ethereum has quietly seen market sentiment round it flip constructive in latest months.

“ETH is quietly reclaiming market narrative. Implied volatility jumped, options skew flipped bullish, and perpetual funding rates remain elevated,” they famous on X.

One of many tips that could elevated consideration on ETH is the spot exchange-traded funds inflows.

Final week, Ethereum spot ETF inflows hit $281 million final week.

“Macro tailwinds are building for $ETH. The GENIUS Act is progressing in the US Senate, Circle’s IPO is back in focus, and stablecoins are gaining regulatory clarity. Ethereum’s role as the infrastructure layer for real-world assets is gaining serious traction,” QCP added.

Ethereum’s positive factors see bulls hover in a key price vary.

In keeping with Glassnode analysts, ETH is close to the associated fee foundation vary of $2,700 and $2,7600.

If price holds above this vary, bulls might goal $3,400.

Above spot, price foundation bands are extra evenly unfold: between $2.76K and $3.42K, every ~$50 band holds 200K–400K $ETH. No dominant resistance till $3,417, the place 607.95K $ETH are held. pic.twitter.com/lKEWY4628S

— glassnode (@glassnode) June 11, 2025

Nevertheless, if ETH bears break under $2.7k, they could fancy a revisit of $2,400.

Latest lows of $1,800 are seemingly if adverse sentiment kicks in to spook consumers.