$ETH Short-term pullback: Trump remarks trigger market sentiment fluctuations

Today, Ethereum (ETH) shows a typical rebound followed by a pullback: the price briefly touched around $2380, but failed to hold steady, before falling to about $2330. This indicates that buyers still have some strength in the market, but overhead pressure is clearly present—especially in the $2380–$2400 zone—where there is limited appetite to chase higher prices.

The main catalyst behind the pullback is macro news: former U.S. President Trump recently said that Iran’s response to the peace plan is “completely unacceptable.” This remark has made investors concerned about the outlook for U.S.-Iran negotiations. When geopolitical risks heat up, oil prices often rise, which further exacerbates inflation expectations and in turn affects the Federal Reserve’s room for monetary policy. For risk assets such as ETH, this environment temporarily increases selling pressure.

Technically, key levels to watch are:
• $2300: Short-term support. As long as this level holds, the bulls have not fully lost control.
• $2350: Recovery confirmation level. If ETH returns to this level, it suggests the market is absorbing the impact of the news.
• $2380–$2400: A strong resistance zone overhead. Only a breakout could open up further upside room.

In summary, ETH is not collapsing; it is being suppressed after a rally due to developments on the news front. As long as the $2300 support remains effective, there is still a chance for a rebound; if it can break through 2400$BTC ‌$SOL ‌