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Ethereum Extends Pullback With $1,920 in Focus

A decisive close below $1,839 would invalidate the short‑term bullish setup and raise the risk of a slide toward roughly $1,600, according to analysts.

Overview

  • Ether fell intraday to about $1,912 and is consolidating below $2,000 and the 100‑hour simple moving average.
  • Traders are watching the 61.8% Fibonacci retracement near $1,965 as the near‑term pivot after the break of micro support.
  • Some market watchers see scope for a brief liquidity sweep into the $1,900–$1,920 area before any attempt to reclaim higher levels.
  • On‑chain MVRV bands place price near the lower valuation zone around $1,894, which has aligned with past accumulation phases.
  • Brave New Coin cites roughly $90 million in recent outflows from Ethereum investment products as risk sentiment softened on geopolitical tensions.