Ethereum's price has stalled below $1,875 as US demand lags.
The largest one-week liquidation cluster is concentrated around $1,935, $1,945, with significant liquidity bands also appearing near $1,955, $1,970 and $2,000.
A negative Coinbase Premium Index suggests American investors are buying less aggressively than traders elsewhere, leaving Ethereum more dependent on demand from offshore exchanges.
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