<ul><li>Recent on-chain data reveals a significant support zone for ETH just under $1,900, with 3.56 million ETH acquired in that range.</li><li>Whale activity and institutional investor activity raise concerns for ETH's pricing and indicate a potential downturn.</li><li>Last week, Ethereum spot ETFs had a net outflow of $178 million.</li><li>ETH's price is at a critical point, with a strong support zone at $1,900, but weak demand below that level.</li></ul>

Ethereum’s Support Zone: A Delicate Balance To Watch

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