Why Ethereum Can’t Escape $1,870 Even as Sellers Retreat

Ethereum Has Spent a Month Around the Same Pivot

As the daily chart shows, Ethereum was trading near $1,870 on August 15. The 0.382 Fibonacci retracement runs through the same area, while the 100-day simple moving average sits at $1,875, leaving less than $5 between the two indicators.

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