Ethereum rose 1.95% to $1,912, recovering above the key $1,900 level after finding support near $1,870, and trades above its 20-, 50-, and 100-day moving averages with resistance near $2,000. A major holder withdrew 5,300 ETH from Kraken and total staked ETH hit a record 41 million tokens, tightening liquid supply, while institutional ETF demand remains weak with recent net outflows. Analyst Michaël van de Poppe suggests a break above $2,000 could trigger a rapid rise toward $2,800, but failure to hold $1,870 risks a sharp drop below $1,700.
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