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$ETH has reclaimed the $2,150 level.
There are talks ongoing regarding the US-Iran ceasefire, and Ethereum is reacting to it.
When the US-Iran war started, everyone expected ETH to crash, and it didn't happen.
Now people are expecting a pump after the US-Iran ceasefire, and it probably won't happen too.
The markets could pump a bit leading into the ceasefire, but after that, new lows will happen.