$ETH Ethereum has suffered an **8.6% drop** following Israel's attack on Iran, reflecting global uncertainty in the crypto markets.

Before the conflict, ETH maintained a bullish momentum, consolidating around **$2,724**, but geopolitical tension dragged it down to **$2,520**, with the risk of further decline.

Technical indicators show **weakness in momentum**, with the RSI falling below 50 and the MACD issuing bearish signals.

If ETH loses its support at **$2,410**, it could drop to **$2,000**, although some analysts believe that if the situation stabilizes, it could regain its consolidation level.

The crisis has led to a **capital outflow from volatile assets**, with investors seeking refuge in gold and oil.

However, history shows that Ethereum tends to recover quickly after high volatility events.

Will this be another case? 🚀🔥