The post ETH at Critical Juncture After $2.5K Support Retest appeared on BitcoinEthereumNews.com.

As geopolitical tensions between Iran and Israel escalate once again, global risk appetite is taking a hit. These conflicts often inject short-term volatility across traditional and crypto markets, and Ethereum is no exception. While ETH has held relatively steady above $2,500 in recent weeks, the growing fear in macro markets is beginning to surface in price structure and sentiment shifts. This is a sensitive moment for traders: ETH sits on the edge of a critical range, and what happens next may hinge as much on external events as technical factors. Technical Analysis By ShayanMarkets The Daily Chart Ethereum’s daily chart shows a clear rejection from the $2,800 resistance area, which also aligns with the 200-day moving average and a bearish order block. After a strong relief rally from the $1,500 region earlier this quarter, ETH consolidated in an ascending channel pattern but is now likely to break below the lower trendline of that channel. This structure typically signals exhaustion in bullish momentum, especially when the market fails to push higher despite favorable short-term setups. The RSI has also dropped back under the 50 mark, reflecting bearish momentum. The price is now re-entering the mid-range zone, between $2,800 and $2,150. If Ethereum fails to reclaim $2,800 soon, the door will open for a possible move back toward the $2,150 support level, which coincides with the 100-day moving average and the top of the last major accumulation range. A bounce from there would be critical to preserve the broader bullish bias in recent months. The 4-Hour Chart On the 4H chart, the asset has broken down from the ascending channel it had been respecting for weeks. The rejection from the $2,800 order block created a sharp drop that left behind an imbalance (FVG) near the $2,600 zone, currently acting as short-term resistance.…

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Filed under: News - @ June 15, 2025 6:16 pm