Ethereum price rises but stalls below $2,000, breakout or bull trap?

Ethereum price rose 3% to around $1,920 on Aug. 19, but weak trend strength and nearby liquidation clusters kept the recovery below $2,000. Summary Ethereum price gained 3% to $1,920 but remained below the $1,986 resistance level. 4-hour RSI reached 61 as the MACD moved further into positive territory. Liquidation liquidity is concentrated near $1,930, $1,950, $1,900, and $1,870. Analysts identified $1,850 and $2,000 as the key boundaries for Ethereum’s next move. According to data from crypto.news, Ethereum (ETH) price traded at $1,919 at the time of writing after reaching an intraday high of $1,930 on Binance. The latest gain extended a recovery that began near $1,870 on Aug. 17, although buyers have yet to challenge the psychological $2,000 level. The price move came as the 4-hour chart showed improving momentum and the daily chart pointed to a weak but developing bullish bias. Large pools of leveraged positions above and below the current price could, however, keep ETH volatile within its recent range. Ethereum price builds momentum above $1,900 Ethereum’s 4-hour chart shows that buyers regained control after the price spent several days moving sideways between approximately $1...