Ethereum

ETH is outperforming BTC on the current recovery leg — a pattern that historically preceded broader crypto bull runs — but the Iran conflict overhang and Vitalik's early-2026 sell pressure mean the $2,000–$2,100 band is a high-conviction resistance zone to clear decisively.

ETH has reclaimed the key $1,900 psychological resistance and is pressing toward the $1,940 short-term technical ceiling, supported by $105M in spot ETF inflows and a soft CPI print that boosted risk appetite across crypto.

Main Risk

Escalating US–Iran military conflict

Six consecutive days of US airstrikes on Iranian targets have repeatedly knocked ETH below $1,900; further escalation could flush price back to the $1,830 support zone or lower.