Ethereum (ETH) could reach the $2,200-$2,500 range as tensions between the US and China escalate. Chinese tariffs on US oil and agricultural machinery were announced in retaliation to US tariffs on China. Crypto trader Andrew Kang believes a dip below $3,000 could trigger significant leverage liquidations, suggesting that $2,200-$2,500 is a reasonable price for ETH. However, ETH currently trades at $2,705.33 and has not yet reached a new all-time high. Eric Trump and Trump-linked World Liberty Financial also view the current dip as a buying opportunity for ETH. The daily chart shows a surge in accumulation, but the trend line indicates a decrease in buyer pressure. ETH is currently testing support around $2,700 and could rally towards $3,000 in the short term.



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