Ethereum price slips below $1,900 as long liquidations surge

Ethereum price fell 5% from $1,973 to $1,873 on July 28 after another rejection below $2,000 triggered forced selling and pushed ETH into a key technical support zone. Ethereum price dropped below $1,900 after buyers failed to break the $1,975–$2,000 resistance zone. Leveraged positions accelerated the decline as ETH moved through several long-liquidation clusters. ETH is testing the lower boundary of a rising wedge near $1,870 on the 4-hour chart. The next large concentration of downside liquidity sits around $1,840–$1,850. Ethereum price falls below $1,900 after $2,000 rejection According to data from crypto.news, Ethereum (ETH) price traded near $1,875 at the time of writing, down from an intraday high close to $1,973. The decline erased most of the gains from the previous session, when ETH reached its highest level since early June. Selling intensified after buyers failed to push the price through the $1,975–$2,000 resistance range. The rejection trapped traders who had opened leveraged long positions in anticipation of a breakout above the psychological threshold. ETH subsequently moved below $1,900, activating stop-loss orders and forcing position closures. The price reached ...