$ETH Surges 15% After Ceasefire News — Local Bottom In?

⚠️ Tensions spiked as Iran hit U.S. bases in Qatar, briefly crashing crypto markets. ETH plunged to $2,100 in a rapid sell-off.

🕊️ Hours later, a ceasefire between Israel and Iran—announced by Trump via Truth Social—ignited a sharp crypto rebound.

🚀 ETH soared from $2,100 to $2,440 (+15%), breaking key resistance at $2,400 and turning $2,275 into support.

💬 Market buzz on X remains optimistic, but mixed:

• 🔼 Bulls see Trump’s pro-crypto stance as long-term positive

• ⚠️ Bears warn volatility may return if ceasefire unravels

📊 ETH Price (June 24)

• Current: ~$2,410

• 24h Change: +7%

• Volume: $25.56B

• Outlook: Testing $2,500 as next resistance

• Chart patterns suggest a possible bull flag 📉📈

🌍 Broader crypto market also rebounded:

• BTC topped $106K

• SOL, XRP, and other altcoins saw gains

🔎 Analysts debate: Is this a sustainable trend or just a news-driven spike?

📌 Key Watch Points:

• Confirmation of ceasefire

• Holding above $2,400

• ETH breaking $2,500 could signal next leg up

Stay tuned. The next few days could define ETH’s short-term trajectory.

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