On June 10, Ethereum's price rose by 7% to trade over $2,680, with a notable 114% increase in trading volume to $26.5 billion. Contributing factors include record open interest in Ether futures and rising funding rates. Ethereum-based investment products saw inflows of $295.4 million, marking a seventh consecutive week of inflows, with the total reaching $1.5 billion. This shift in sentiment from Bitcoin to Ethereum as the infrastructure for real-world assets indicates renewed institutional interest. Additionally, Ether futures open interest reached an all-time high of $39.22 billion, reflecting increased investor engagement. Technical patterns suggest a bullish outlook, with analysts predicting that breaking resistance at $2,800-$3,000 could lead to significant price increases towards $4,100. The current setup includes a cup-and-handle pattern indicating potential further gains if the price consolidates above key levels.

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