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$ETH broke 2700, showing a breakthrough trend, technical indicators are all positive.
The short-term target levels are $2750 and $2800.
$ETF funds continue to flow in
The US Ethereum spot ETF recently recorded over $100 million in net inflows for a single day.
The cumulative open interest has approached 2.7 million ETH, providing support for the Ethereum price.
Pectra upgrade is progressing smoothly: The Ethereum Foundation has confirmed that the Pectra upgrade testnet will launch on June 12, with the mainnet deployment scheduled for the end of July. This will enhance network performance and provide support for Ethereum's mid to long-term performance.