Just noticed ETH and BTC both got a solid push this week as geopolitical tensions eased up. The Iran ceasefire talks sparked a pretty big relief rally across crypto and stocks alike. Bitcoin broke through $75k earlier, and Ethereum hit $2,400 for a moment - highest levels we've seen in months. Oil prices dropping below $100 helped fuel the risk-on sentiment across the board.

What's interesting is how correlated everything moved together. When the producer price data came in cooler than expected, it wasn't just equities that popped - crypto followed right along. Goldman Sachs filing for a Bitcoin ETF also added some institutional tailwind. Santiment data shows BTC open interest jumped 59% over seven weeks while ETH open interest climbed 45%, which tells you positioning got pretty aggressive.

Looking at the technicals, Ethereum's been holding an ascending channel since early April with the 50-day EMA providing solid support around $2,176. The RSI is sitting above 62 on the daily - still room to run before overbought territory. Current levels are around $2.32K for ETH and $75.95K for BTC as of this morning. If this momentum holds, next resistance targets would be $2,800 and potentially $3,370 on the upside. But worth watching the Middle East situation closely - any escalation could flip this risk-on setup pretty quickly. For now though, crypto and stocks seem to be riding this geopolitical relief wave together.