Ethereum

ETH has recovered ~8% from its early-July lows driven by soft US CPI and $105M in spot ETF inflows, but is now stalling below the critical $2,000 level — a break above or below this zone will define the next 4-week trend.

ETH is consolidating just below the $1,940 resistance level (July swing high) after a post-CPI surge from ~$1,770, with bulls unable to confirm a breakout above the key $2,000 psychological round number.

Main Risk

US-Iran Military Escalation

With the US military striking Iranian targets for a fourth consecutive day, a sharp oil spike and risk-off flight could reverse the crypto rally that was itself partly built on easing geopolitical tensions in June.