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ETH Market Overview
Current Price: ~$2,414–$2,424 USD
24‑Hour Change: Up approximately 6–7%, showing a strong rebound
24‑Hour Trading Volume: Between $25 billion and $28 billion
Market Cap: Roughly $291 billion
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🔍 Market Drivers
Geopolitical tensions (Israel–Iran–US developments) stirred volatility, hitting ETH as low as ~$2,110 before a sharp recovery .
Whale activity: A major wallet scooped up ~$39 million in ETH during the dip, contributing to a potential ~25% rebound .
Technical indicators: ETH broke above its 7/25‑hour EMAs and is now challenging the 99‑hour EMA around ~$2,340; bulls will watch that zone closely .
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