After Trump announced the truce of Israel-Iran, Ether Lee (ETH) surged 9%.

Ether (ETH)

According to the technical analysis model of Coindesk Research, former US President Donald Trump has been trading 8.61% to $ 2,420 in the last 24 hours after a sharp surge in an unexpected announcement of the ceasefire agreement between Israel and Iran.

This movement seems to have recently canceled market anxiety centered on war, and it has been a new strength in the cryptocurrency market.

On June 23, at 10:02 pm UTC, Trump announced a truth society that both Israel and Iran reached a complete ceasefire agreement. According to his statement, each country will suspend hostility at the adjusted stage, and Iran will lead to a 24 -hour conflict after the 12 -hour truce. Trump described this as a successful conclusion about the 12 -day labeling of war. He admitted a contract to praise both sides for choosing restraint and avoid more confusion in the Middle East.

The announcement has injected the wave of optimism against the encryption market, especially high beta assets such as ethers. Prior to the rally, ETH was already showing signs of power supported by steady whale accumulation. According to the on -chain data, a large holder has acquired a large -scale ETH with a single wallet that purchased 47,070 ETHs ($ 113 million) for three days in a recent recession.

Ether Lee’s network found that the average of an average of 1 million new ETH wallets has increased by 50% year -on -year since mid -May. As volatility retreats and risk appetite, traders are now watching whether ETH can penetrate the next psychological threshold of $ 2,500.

Technical analysis highlights

• ETH increased 7.7%from $ 2,230 to $ 2,401 during the 24 -hour analysis period.
• Mass support was formed between $ 2,220 to $ 2,230, and initial purchase is $ 2,191.36.
• 22: 02–22: 11 The price is over $ 2,400 as the price increases to 28,149 ETH.
• The $ 2,275 resistance was supported by the acceleration of purchase momentum.
• The ETH reached $ 2,434.95 before entering the integration stage.
• The price behavior has formed a potential bull flag, with ETH trading between $ 2,390 and $ 2,402.
• In the last three hours of the session, the number of 24 hours an average of 2.5 times increased.
• The high minimum has confirmed the strong structure during the upward rising period.

disclaimer: Some of this article was created with the help of the AI ​​tool and the editorial team reviewed to ensure accuracy and compliance. Our standard. See for more information COINDESK’s full AI policy.