$ETH : CRISIS OR OPPORTUNITY AFTER THE CONFLICT IN THE MIDDLE EAST?
Ethereum faced intense selling pressure this morning as geopolitical tensions escalated following Israel's attack on Iran, shaking global markets and triggering a risk-averse behavior in the crypto market. The sudden increase in volatility pushed Ethereum away from its recent highs, as it retreated after failing to surpass the critical resistance level of $3,000. This marks a crucial moment for $ETH , which had shown strong momentum in recent sessions before being affected by the overall market decline.
Now, Ethereum finds itself at a crossroads. A rebound from current levels could renew bullish momentum and restore the $2,800–$3,000 range as a launching pad for higher prices. However, the inability to maintain support could trigger another wave of bearish pressure. All eyes are on $ETH /BTC as the markets prepare for what lies ahead.