$ETH technical analysis model shows a 7.05% drop in ETH price during U.S. evening trading, with volume reaching nearly 692K ETH.

ETH dropped 7.05% to $2,536.06, with sharp losses during U.S. evening trading. Volume reached 692K, coincident with global risk-off move following Israeli military strikes in Iran.

Ether (ETH) fell over 7% in 24 hours due to global risk-off following Israeli airstrikes on Iranian military infrastructure, a major Middle East tensions escalation caught investors off guard.

Israeli Prime Minister Netanyahu claims strikes against Iran are part of a targeted military operation, with Iran launching drones in retaliation. US denies involvement, focusing on regional forces protection.