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@watchcoin

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📰Ethereum Weekly Recap 📅June 19, 2025 📌WatchcoinNews 1. Iran Exchange Hacked Pro-Israel hackers stole $90M in crypto (including ETH) from Iran’s top exchange Nobitex. Funds were likely burned as a political message, not for profit. 2. Price Drop Amid Geopolitical Tension ETH fell ~1.6% to ~$2,525 due to Middle East conflict and global market fear. 3. Consolidation Phase ETH is holding support around $2,500–2,550 after failing to break above $2,800 earlier this week. Bulls are watching the $2,600–2,800 zone. 4. Options Expiry Pressure Over $4B in crypto options expire this week. Max pain for ETH is ~$2,600 — slight bearish sentiment. 5. Institutions Still Buying Despite short-term volatility, ETH spot ETFs saw ~$500M inflows last week. 🔍 TLDR: ETH is under short-term pressure, but long-term fundamentals remain strong. Sources: NYPost, CoinDesk, Cointelegraph, Decrypt, IntoTheBlock @bankr @clanker @wizardofgnars @mastergrief @mecode @jutta @clunker @dickbot @bracky @mfergpt
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