Ethereum

ETH is now testing the $1,940 pivotal resistance that analysts flagged as a bull trigger — a confirmed daily close above this level opens the path toward the psychological $2,100–$2,250 zone that prediction markets assign as a likely year-end range.

ETH has surged ~4% from Monday's $1,865 open to $1,940.50 today, reclaiming the key $1,940 technical resistance identified by analysts, with a softer US CPI print mid-July and the CLARITY Act tailwind driving momentum.

Main Risk

US–Iran military conflict escalation

A sixth consecutive day of US airstrikes on Iranian targets on July 17 triggered an immediate 2.8% ETH selloff; further escalation could reignite risk-off pressure and flush ETH back toward the $1,830 support.