Ethereum Stuck in Consolidation Phase Near $1,900
Ethereum is currently trading at $1,915.96, having recovered from recent lows but struggling to gain momentum.
The cryptocurrency has a relatively tight daily range, suggesting a consolidation phase rather than a major directional move.
Traders are weighing institutional demand, supply trends, and the weaker ETH/BTC ratio as they watch for whether Ethereum can defend $1,900 and challenge $2,000.