$ETH surged 6–9% (briefly hitting ~$2,420–2,434) after news of a ceasefire between Israel and Iran eased geopolitical fears.

Another macro-driven signal.

Whales snapped up $265M+, on‑chain activity spiked, and breakout technicals emerged.

All in one sharp move.

That shift matters: it reignites risk-on flows across crypto and broader markets.

Honestly, if geopolitical calm holds, $ETH could carve a clean path to $2.5K+.