ETH Price Consolidation Worsens Amid Weak Liquidity
Ethereum's price remains in a precarious consolidation phase, hindered by weak liquidity and subdued trading activity.
The cryptocurrency is currently holding near $1.88K, but recent structural changes introduce additional downside risk.
The daily chart shows a market lacking momentum, with the price action becoming increasingly choppy and compressed after the recovery from the $1.53K-$1.57K support zone.