$BTC
With rising tensions in the Middle East, particularly between Israel and Iran, attention is turning not only to gold and oil but also to leading cryptocurrencies like Ethereum $ETH.
📊 How is $ETH affected?
$ETH often follows the movement of $BTC, so any fluctuations in Bitcoin transfer to Ethereum.
Investors tend to abandon "riskier" assets during crises, and this may include Ethereum.
Projects on the Ethereum network may temporarily slow down due to market volatility.
📈 But!
$ETH is considered the backbone of decentralized finance (DeFi), and it quickly regains strength after downturns.
Any escalation could push investors towards alternative financial systems, boosting confidence in blockchain networks like Ethereum.
📌 Important levels currently:
Strong support near: $3,450
Technical resistance at: $3,700 – $3,850
🔁 Advice for investors: Keep a close eye on the relationship between ETH and BTC
And don’t forget to monitor daily trading volume and market fluctuations due to any sudden political developments.
💬 Do you think ETH can withstand geopolitical crises?
Share your opinion.