💥 ETH Too Hot to HODL!

The queen of crypto just woke up, smashed a 5-month high, and dragged her entire crew with her. There’s a deeper story behind this sudden breakout, involving BlackRock, geopolitical peace deals, and a hidden signal most traders missed.

Here’s what we got for you today:

• ⭐ 5 Things You Shouldn’t Miss

• 🟢 ETH Just Broke $2,800 — What’s Behind The Surge …

• 🔴 Solana Jumped 8% in 4 Days, But Charts Still Sa …

• 🤡 Meme Of The Day

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⭐ 5 Things You Shouldn’t Miss

🌞 Bitcoin just wakes up green and glowing. BTC pumped $3,000 overnight, bouncing back to the $110K zone. Bitcoin ETFs saw $386 million in inflows following BTC’s surge.

Two big bullish signals: Trump-Musk tension cooled off (Musk deleted shady tweets), and SEC plans DeFi exemptions. $BTC.X ( ▲ 0.49% ) and $ETH.X ( ▲ 2.04% ) are now flirting with their May 22 highs, but many altcoins are still down 20% from that level.

Greed is back on the charts as $BTC hits $110K.

A reminder: elevated sentiment often precedes volatility.

— Kapoor Kshitiz (@kshitizkapoo)
12:16 AM • Jun 11, 2025

⚠️ X account of Paraguay’s President got hacked, posting a string of fake announcements claiming: Bitcoin was now legal tender in Paraguay and the public should send BTC to a wallet address. Back in 2020, accounts like Elon Musk, Obama, Joe Biden, Apple, Uber were all hijacked to promote “double your Bitcoin” scams.

Hate to ruin the fun but I have a suspicion this post may not be legit

— db (@tier10k)
5:24 PM • Jun 9, 2025

📜 SEC is working on a new rule to ease laws for DeFi builders, protect open-source devs, and back self-custody as a core right. This is one of the most significant pro-DeFi policy signals ever from the SEC. If this momentum holds, it could legitimize and expand U.S.-based DeFi in a way we haven’t seen before.

Never thought I would say this: exciting and fun day at the U.S. Securities and Exchange Commission headquarters today. The final crypto round table session entitled DeFi and the American Spirit 🇺🇸
Highlights:

🔸SEC Chair Paul Atkins stating “The right to have self custody of

— Ken “KC” Chapman (@KenChapman)
1:07 AM • Jun 10, 2025

💸 Layer 1 stablecoin platform Plasma made waves by raising a massive $500 million in its public ICO, 10x more than its $50 million target. Over 1,100 wallets joined with an average contribution of $35K/wallet. One user reportedly burned 39.15 ETH (~$100K) in gas fees just to deposit 10.17M $USDC.X ( ▲ 0.01% ) into the vault.

🏦 One of France’s biggest banks, Societe Generale, just announced USDCV — a new stablecoin pegged to the U.S. dollar, set to go public in July 2025. $USDCV will run on Ethereum and Solana. Besides, JPMorgan, Deutsche Bank, Stripe, and BBVA are all exploring stablecoins too.

Societe Generale-Forge, the crypto arm of Societe Generale, has launched a new USD-pegged stablecoin named USD CoinVertible (USDCV). It will be issued on Ethereum and Solana, with BNY acting as the asset custodian. Societe Generale is one of the three major banks in France.

— Wu Blockchain (@WuBlockchain)
7:10 AM • Jun 10, 2025

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🟢 ETH Just Broke $2,800 — What’s Behind The Surge?

This morning (June 11), Ethereum (ETH) spiked nearly 4% in 24 hours, crossing $2,818 — the first time it’s hit that level in 5 months. Its market cap is now over $340B, with $38B+ in trading volume.

And $ETH.X ( ▲ 2.04% ) didn’t move alone, coins in its ecosystem also pumped, such as $UNI.X ( ▲ 2.58% ) (up 26%), $RPL.X ( ▲ 23.5% ) (up 25%), $COMP.X ( ▲ 0.3% ) (up 20%). Some traders think this might be the start of a big breakout, but others are warning a correction might be next?

1️⃣ Trade War Easing Between U.S. & China

The U.S. and China finally reached a trade agreement after 2 days of high-level talks in London. This deal focuses on removing export barriers for critical materials like rare earth metals and magnets.

ETH was one of the hardest-hit coins during the trade war drama earlier this year:

• ETH dropped over 45% in Q1

• Bitcoin ($BTC.X ( ▲ 0.49% ) ) only dropped around 10%

Now that the trade tension is cooling off, investors are jumping back into ETH, seeing it as undervalued.

The new trade framework still needs approval:

• U.S. officials will bring it to President Trump

• China’s President Xi also needs to sign off

If both leaders agree, the deal moves forward and that’s bullish for markets, including crypto → Less global tension = more investor confidence = ETH price bounce.

2️⃣ ETH ETFs Are on a Hot Streak

$ETH.X ( ▲ 2.04% )  spot ETFs just saw 17 straight days of inflows. That means investors have been pouring money into Ethereum non-stop since May 16, with nearly $900M added so far.
This is the longest streak since Nov 2024.

3️⃣ Sentiment Shift: “Crypto Winter is Over”

Michael Saylor (CEO of Strategy, one of the biggest Bitcoin bulls) just told Bloomberg: The crypto winter is done. Bitcoin is no longer at risk of going to zero, it’s on a long-term path to $1 million.

Michael Saylor says that Crypto winters are over for #Bitcoin and the Bear market is not coming back.🤔🤔🤔

— STACKMASTER (@IAMSTACKMASTER)
10:01 PM • Jun 10, 2025

He says big support is coming from:

• Financial giants 🏦

• Political leaders (yes, even Trump) 🗳️

• Global banks and governments 🌍

That kind of backing = confidence in crypto’s future.

4️⃣ Indicators are Flashing Green… But Also a Little Red

One key signal traders use – called the Directional Movement Index (DMI) – just flipped bullish for $ETH.X ( ▲ 2.04% ) . It shows that buyers are starting to take control, and the trend is getting stronger.

The ADX, which shows how strong a trend is (not direction), just doubled from 11.5 to 24.7 in one day. If it crosses 25, that’s a green light for a strong trend forming.

• The +DI (buying strength) jumped from 18 to 44.

• The -DI (selling pressure) dropped from 24 to 12.

  → That’s a big gap, it means buyers are winning the battle right now.

If this keeps up, ETH could enter a full-blown uptrend with stronger price moves ahead.

Ethereum Might Be Overheating… What Now? ETH’s RSI (Relative Strength Index) just hit 76.82, the highest in a month.

Right now, Ethereum is in the “overbought” zone

• RSI jumped from 42 to 76 in just 24 hours, that’s a fast move.

• Last time it hit 70+ was on May 11.

• This kind of spike shows high buying pressure, but also suggests the rally might cool off soon.

RSI is a number between 0–100 that tells us if an asset is being overbought or oversold.

• Above 70 = Too many people buying too fast → could mean a pullback is coming.

• Below 30 = Too many people selling → might mean it’s undervalued and due for a rebound.

Also, since May 9, BlackRock has bought 269,000 ETH (worth $673M) and hasn’t sold a single one. That’s a strong signal they’re in it for the long game.

Last time they did this with Bitcoin, the price flew from $76K to $112K. Now they’re loading up on Ethereum… is ETH next? Over 4.65 million ETH is now staked, nearly 30% of the total supply.

When more ETH is staked, less is available on exchanges. Less supply + rising demand = price pressure upwards. Exchanges are now seeing the lowest ETH balances in months. Add in growing interest from big institutions, and we’ve got a classic setup: tight supply, rising demand — a bullish combo.

This could be a key reason why ETH might be gearing up for a big move.

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🔴 Solana Jumped 8% in 4 Days, But Charts Still Say: ‘Not So Fast’

Solana just pushed past $150, gaining nearly 8% in under a week. Bullish sign? Maybe. But the Ichimoku Cloud — a key indicator used by technical analysts — is still red, thick, and sitting like a storm cloud above the price. That’s not a good look if you’re betting on a trend reversal.

So is this a real comeback or just a temporary bounce?

1️⃣ Solana’s RSI Just Crossed 60, But It’s Still Not Strong Enough

$SOL.X ( ▲ 4.33% ) still has a market cap over $80B, but it’s been a rough month, down 10% in the last 30 days. Even though it’s bounced recently, the price hasn’t climbed back above $170 since May 29.

Solana’s RSI has finally pushed above 60 — now sitting just over the line that typically signals bullish momentum. Just a few days ago, it was at 39.26, so the recovery has been fast.

But here’s the thing:

• While RSI above 60 shows growing buyer interest,

• It’s still not high enough to confirm strong momentum or a trend reversal

• The market’s tone remains cautiously optimistic, not fully convinced yet

So yes, bulls are stepping in. But unless RSI climbs deeper into the 60–70 range, this move could still fade. It’s a signal to watch, not chase, at least not yet.

Price needs to break key resistance next. Until then, the trend is improving, but not confirmed.

Solana (SOL) is trying to climb, but there’s a technical wall standing in the way, and it’s called the Ichimoku Cloud 👇

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🤡 Meme Of The Day

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This newsletter is for informational purposes only and should not be considered investment advice. Traders should conduct thorough research, understand the risks, and carefully evaluate their decisions before investing in cryptocurrency.