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• Ether rallied to 2019.38 overnight, sellers emerged, it then turned lower
• Geopolitical tensions drove investors out of riskier assets and into safe-havens
• USD rallied sharply while US yields & oil
added to gains
• Gold , equities fell and USD/CNH hit a fresh session high
• Ether fell to 1969.87, it neared the May 28 daily low which sits at 1967.26
• Break of that low would complete the recent consoldiation phase Ether is in
• Consolidation completion suggests Ether's broader down trend can resume
• February's monthly low at 1751.94, 2025 yearly low at
1387.02 are then in focus
eth

(Christopher Romano is a Reuters market analyst. The views
expressed are his own)