Ethereum Stuck Below Key Resistance at $1,900

Ethereum's price has been stuck in a range-bound movement below a key resistance area at around $1,900. The recent recovery towards this level keeps the bullish structure intact, but buyers need to clear this resistance zone for the next leg higher.

The 4-hour chart shows a series of higher lows, indicating that buyers are slowly stepping in. However, overall price action remains range-bound as both sides wait for a clear direction.

A push above $1,920 could trigger short liquidations and add momentum to the move towards the major resistance zone at $1,945-$1,950.