• Ether fell sharply due to risk-off driven by Pres. Trump's threat to Iran

• Investors scramble to look for safe-assets, the US$ was the beneficiary

• USD/CNH rallied above 6.9035 while stocks, gold, silver traded lower

• Big rallies in oil helped to underpin the risk-off trading sentiment

• Ether fell below the 10- & 50-DMAs, daily & monthly RSIs turned downward

• Ether trades within February's range, suggests consolidation phase persists

• Bear flag continuation pattern on daily chart reinforces bearish signals

• If geopolitical tensions increase risk could sour more & Ether may fall further
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)