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Ethereum Nears Critical Support: Will ETH Hold Above $1,900?

  • Ethereum is nearing critical support below $1,900 with 3.56 million ETH bought at this level.
  • $30.21 million in Ethereum futures liquidations reflect market uncertainty and volatility.
  • ETH remains in consolidation; a breakout above $2,200 is needed to reverse the bearish trend.
  • On-chain data indicates a significant support zone for ETH just under $1,900, where around 3.56 million ETH was acquired.

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