$ETH Decline Due to Middle East Tensions
ETH has seen a decline of nearly 10% due to escalating tensions between Israel and Iran, increasing selling pressure in the markets .
2. Technical Correction After Hitting a High
Last week, Ethereum rose to around 2,832 USD, but faced technical resistance at the 2,750 USD level, causing it to pull back slightly while support remains at this level  .
3. Potential Bullish Indicators
• Analysts expect breakouts towards 3,000–3,500 USD supported by massive institutional inflows into ETH ETF funds.
• Large investors (whales) opened significant buy positions during the decline, confirming their confidence in the market.
4. Fusaka Technical Update
Today, the first phase of the Fusaka Devnet‑1 update was announced, which includes 8 enhancements (EIPs) to improve scalability and security, boosting developer and user confidence in the network's future vision
