ETH and SOL Face Pressure Amid 4-6 Week Deadline for Iran Conflict Resolution

Major cryptocurrencies, specifically ETH and SOL, continue to face selling pressure amid the 4-6 week deadline for Iran conflict resolution. For Solana (SOL), the price is currently testing a key support level near $88, with bulls targeting a potential rebound toward $93 if consolidation holds. Meanwhile, Chainlink (LINK) is showing early signs of stabilization despite the persistence of a broader bearish trend across the digital asset market. Technical data shows LINK has been trading below key moving averages for several months, with recovery attempts failing to gain sustainable traction. These developments coincide with rising oil prices and geopolitical uncertainty, which are driving investors toward safe-haven assets. This environment maintains a prevailing 'risk-off' sentiment, keeping capital flows away from high-risk instruments as volatility remains heightened.

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