ETHUSD is trading sideways with a bullish bias. It hit a high of $3657 yesterday and is currently trading around $3511.
The Securities and Exchange Commission (SEC) Chairman Gary Gensler said that ETHT ETF S-1s will likely get approval by the end of the summer.
According to CryptoQuant, around 542000 ETH moved out of exchange on June 11th. But the number of ETH withdrawn from Exchanges decreased by half on June 12th. This confirms Ethereum trend is directionless.
The intraday bullishness is possible if it holds above $4000. On the higher side, the near-term resistance is $4000. Any significant jump above the target is $4500/$5000. Significant bullish continuation only above $4800.
The immediate support is around $3300. Any breach below $3500 confirms a bearish continuation. A dip to $3200/$3000/$2800 is possible. A violation below $2800 will drag the Ethereum to $2500/$2300/$2000.
It is good to buy on dips around $3300 with SL around $3000 for TP of $4500.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/CAD bulls continue to hold the higher ground
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 



