The ETHUSDT pair has been significantly affected by the rising tensions between Israel and Iran, as the price of Ethereum dropped from levels above $2,750 to below $2,520 within hours. This decline was a result of increased geopolitical fears that prompted traders to exit high-risk assets. Additionally, forced liquidations in futures contracts caused collective losses exceeding hundreds of millions, further strengthening the downward momentum. Technical indicators show increasing selling pressure if military tensions continue. Political stability in the Middle East will remain a crucial factor for the upcoming ETH trajectory $ETH