# ETH:

Regarding #ETH:
🚬 The price has broken locally, and given the 93.2% correlation to #BTC, we can rely on a probable refill from the upper IDM and targets below – at $2,250, towards the 4h IMB.
*In any case, don't forget that the key HTF target is $2,475, so shorting is simply impossible without additional VC!

🚨 JUST IN: IRAN CLOSES STRAIT OF HORMUZ: $72 BILLION WIPED FROM CRYPTO IN 4 HOURS
IRGC blocks all transit through the waterway. Container ships turned back. Markets reacting in real-time 487M Liquidated:
• #BTC: -3.91% ($67K)
• #ETH: -4.29% ($2K)
• Total crypto market cap loss: $72B in 4 hours
This is textbook geopolitical shock driving institutional capitulation.
Watch for stabilization signals over next 48 hours.#CryptoMarketPullback #BitcoinWeakens #