Ethereum Price Drops Below $1,900 Amid Mixed Signals and ETF Inflows
Ethereum's price has fallen below $1,900, testing its key support zone of $1,850. Despite $245 million inflows into US spot Ethereum ETFs over five weeks, the price remains range-bound between $1,850 and $1,900.
The technical indicators show mixed momentum, with Ethereum trading below its 20-day and 50-day averages but above its 100-day average.
A break below $1,850 could lead to further declines toward $1,840, while reclaiming $1,900 and surpassing the resistance around $1,925-$1,950 is needed for a stronger rebound.