The price of **Ethereum (ETH)** today has seen notable fluctuations amid market conditions influenced by geopolitical tensions and volatility in global cryptocurrency markets. According to the latest data, the price of ETH was approximately **$2,513.78**, with a decrease of **5.70%** over the past 24 hours.
### Factors Affecting ETH Price Today:
1. **Geopolitical Tensions**: The escalation of conflict in the Middle East, especially between Israel and Iran, has negatively affected investor sentiment, leading to widespread selling in the cryptocurrency market, including Ethereum.
2. **Global Economic Data**: Fluctuations in traditional financial markets, such as U.S. interest rate forecasts, impact ETH movements. Some news suggests that a rate cut could support the rise of cryptocurrencies, but current volatility shows investor caution.
3. **Institutional Fund Movements**: There are reports of positive financial flows toward traded ETH funds (ETFs), which may indicate confidence from some large institutions in Ethereum's long-term future.
### Technical Forecasts:
- Daily technical analysis indicates a short-term **sell** signal, while weekly analysis shows a **buy** signal, reflecting the rapid fluctuations in the market.
- Near support: **$2,447** (daily low), and resistance: **$2,639** (daily high).
### Conclusion:
Ethereum remains one of the most prominent digital assets thanks to its technologies such as **smart contracts** and **decentralized finance (DeFi)**, but its current volatility requires close monitoring of political and economic factors. Traders are advised to exercise caution and follow risk management strategies.
