Ethereum Price Fighting below $ 1,900 such as Def Metrics weaken

Etherum price still tries to recover 1,900 marks of $ 1,900 as weak mettrics and increased competition of their price.

Due to reduced liquidity and investor participation, the total value of the network is locked with $ 63 billion in January 44 billion in February, according to the defiles data. The inflow of Stablecoin slowed, pointing to a slower rotation of capital in Etherum (El) Protocols.

The data also shows that decentralized trade-in exchange trading reduced, of $ 92 billion in December at $ 82 billion in February. Like other chains like hyperliquid (Hyper) and Solana (Salt) Registration growing lasting volume for trading in duration, trading and trading in Etherem, suffered with $ 31 billion in December to 18 billion in February.

Etherum’s Income took a big hit, and in February fell from $ 193 million at only $ 26 million in February. Rejecting the transaction and low network activity caused a sharp drop.

In addition, according to Sosovali dataSpot Ether ETFS has experienced a withdrawal for four weeks in a row, a total of $ 176 million in the past month. This trend shows that the institutional demand for Etherem has reduced.

Etherum is currently trading at $ 1,876, fighting for a crucial support level of $ 1,875. With ETH consistently traded below its 50-day motion in the amount of $ 2,282.50, the daily shows clear downward Trend, reining the bear swing.

Bollinger bands show greater instability. Etherum hugs the lower range, proposes to reverse the conditions. At 34.51, the relative strength index is near the resale threshold of 30, which shows poor purchase pressure, but the possibility of relieving facilitation should increase increases.

Low trading volume indicates poor market participation. ETH can move towards $ 1,800 if interrupted below $ 1,875; While the reversal faced resistance to 2,282 dollars. Ethereum must regain its 50-day average movement of the average shift, but prices movement is still under pressure.

One important development to be involved for around whether the pressure is to involve commitment in ETF ether. CBOE BZX is submit The request for American regulators will enable the commitment of the ETF’s ETERI, after a similar request from 21Shares in February. If approved, investors could earn about 3.3% in the trafficking reward, which could attract more institutional interest.