ETH coin bay 100 dollar
📉 Current Price Action
ETH is trading near $2,533, down about 8.1% intraday.
The day’s range: High ≈ $2,757, Low ≈ $2,466.
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🔎 Why the Sharp Decline?
1. Geopolitical Fallout
Escalating Israel–Iran tensions triggered a crypto market-wide sell-off.
Over $291 million in ETH liquidations occurred amid this shock, hitting altcoins like ETH hard .
2. Technical Breakdown
ETH failed to sustain above the $2,740–2,760 range, triggering a sharp reversal and break below key support at ~$2,500 .
This led to oversold indicators (e.g., RSI ≈ 29) and bearish momentum .