Ethereum (ETH) experienced a notable flash crash on June 21, 2025, plummeting 7.56% from a high of $2,406 to a low of $2,224 within an hour. This swift decline prompted a surge in trading activity, with nearly 751,000 ETH exchanged, nearly five times the typical hourly volume. However, strong buyer interest emerged near the $2,250 mark, aiding a recovery to $2,292 shortly after the crash. The price rallied 0.19% in the hour following the decline, and a significant volume spike occurred at 05:58, marking a 3.15% increase on 7,314 ETH traded. This price movement established a new support level around $2,290, while the recovery unfolded in an ascending channel, revealing increased buyer engagement. Resistance testing occurred between $2,297 from 06:17 to 06:20, with overall volume remaining high during the recovery, indicating improved liquidity.

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