Ethereum Weekly Forecast: ETH under pressure as geopolitical tensions rise, technical rejection signals downside risk

Ethereum (ETH) trades in red, slipping below $2,200 on Friday after being rejected at the key resistance zone earlier this week. Risk appetite dampens as geopolitical tensions escalate following remarks from US President Donald Trump on potential further action against Iran. Ethereum price faces a correction from its 50-day EMA at $2,150, signaling a potential short-term pullback.Risk appetite… Ethereum (ETH) trades in red, slipping below $2,200 on Friday after being rejected at the key resistance zone earlier this week. Risk appetite dampens as geopolitical tensions escalate following remarks from US President Donald Trump on potential further action against Iran. Ethereum price faces a correction from its 50-day EMA at $2,150, signaling a potential short-term pullback.Risk appetite deteriorates after Trump highlighted a Tehran bridge strike, and warned of further escalation, urging Iran to “make a deal.”Institutional demand is fading, while negative funding rates signal growing bearish sentiment in ETH derivatives markets.Ethereum (ETH) trades in red, slipping below $2,200 on Friday after being rejected at the key resistance zone earlier this… For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes. Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.