Ethereum Reclaims $1,900 as ETF Inflows and Short Liquidations Defend Support
Ethereum climbed back above $1,900 as spot ETF inflows and short liquidations fueled a 2% rebound. Bulls successfully defended key rising support ahead of the upcoming Federal Reserve rate decision. Institutional demand continues to absorb sell-side liquidity.
Ethereum pushed back above $1,900 as spot ETF inflows and squeezed shorts drove a 2% price rebound. The rally successfully defended a rising support structure that had been under pressure ahead of the Federal Reserve rate decision.
Institutional cash entering US spot ETFs provided the necessary bid to absorb spot selling and force short positions to cover. Overhead resistance cleared out quickly as leverage shifted back in favor of buyers.
Traders are now focused on macro drivers ahead of the Fed rate verdict. Holding key support levels through this volatility window will be critical for Ether to sustain its upward trajectory.