$ETH 📊 ETH 06.12 — spot analysis

ETH is holding at $3,042, while the market is giving mixed signals: institutions continue to accumulate, but short-term risks are increasing.

🔹 Institutional demand: European banks and asset managers are expanding access to ETH.

🔹 Whales are active: BitMine purchased ~$200M in ETH.

🔹 MACD in bullish crossover — local momentum may strengthen.

⚠️ Risks: ETF outflows ($75.2M), long liquidations $98.68M, EMA7 remains below EMA25/99 — bearish pressure continues.

💡 Insight from the analyst: the short-term trend is weak, but fundamentally ETH is supported by institutions — important levels are $3,000–2,950 for assessing demand strength.

Keep an eye on $ETH or trade on Binance — average positions wisely!