The US-Iran situation exerts multiple pressures on $ETH : macroscopically, the Federal Reserve's high interest rates persist, and liquidity tightening suppresses valuations; on the regulatory front, domestic strict RWA regulations classify illegal finance, leading related sectors to decline; ETH, as the ecosystem's core, is impacted; technically, the market shows oscillating downward movement, with $2100 as a key support level, and a break below could lead to a dip toward $1900. In the short term, high volatility and deleveraging risks should be watched carefully.