Ethereum is currently at 2,300 USD, having recovered by 5% today. Strong support was found at 2,110 USD following recent volatility from the Israel-Iran conflict, which triggered significant profits and losses for investors.
Market analysts suggest ETH could retest 2,500 USD if it breaks resistance at current levels. However, failure to hold the 2,110 USD support could see ETH down to 1,800 USD. Overall, the sentiment indicates cautious optimism as recovery signs appear.
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