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Ethereum struggles below $2,150 after $1B futures sell-off triggered by Trump’s Iran strike comments

Technical Signals
03 Apr 2026
Blockonomi
View Source
Bearish
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Ethereum is trading near $2,056 after failing seven times to break above the $2,150 resistance, losing about 5% in the past week. The drop followed President Trump's statements on potential military action against Iran, which caused a $1 billion surge in Ethereum futures liquidations on Binance within an hour. Key support levels to watch are $1,900 and $1,736, with technical indicators signaling continued bearish momentum. Despite price weakness, Ethereum's network activity remains strong, nearing record daily active addresses.

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