Ethereum trades near $1,936, below key 50-day and 100-day EMAs as liquidation risks rise

Ethereum (ETH) is trading around $1,936 after falling from $1,990, down 3.40% over 24 hours and 28.39% over 30 days, with 24-hour futures volume reaching $50.39 billion versus $3.47 billion in spot trading. ETH remains below its 50-day EMA at $2,311 and 100-day EMA at $2,659, while the Awesome Oscillator stays in negative territory near 138, with the price hovering around $1,900–$2,000 as it attempts a short-term base. Analyst Ted notes liquidation heatmap data show a short liquidation cluster around $2,100 to the upside and a long liquidation cluster near $1,950 to the downside, which could attract price action and amplify volatility if tested.