📈 Price Snapshot

Current Price: ≈ $2,398, up about 7% in the past 24 hours .

24‑Hour Range: Between roughly $2,200 and $2,430 .

Market Cap: Around $290 billion — Ethereum remains the second‑largest crypto by market value .

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📰 What’s Driving It

Geopolitical Calm: ETH surged about 9%, climbing from ~$2,230 to ~$2,420, after reports of a ceasefire between Israel and Iran surfaced on June 23–24 .

Technical Bounce: Analysts note ETH reclaimed zone above $2,350 after dropping to ~$2,110–2,120 support levels. Support now lies near $2,240 and resistance around $2,460 .

🔍 Market Sentiment

Whales snapped up large amounts during the dip, adding over $263 million in ETH—on‑chain activity signals a bullish tilt .

Technical analysts point to possible further upside toward $2,460–$2,500 if momentum holds .

🌐 Bottom Line

Ethereum has staged a strong turnaround fueled by easing geopolitical risks and technical buying. If current momentum continues, we could see a push toward the $2.5 k resistance zone. However, macro trends and crypto market trends still need monitoring.