Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?

Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100.

Key takeaways:

Ether (ETH) tested the $1,950 mark for the first time in seven weeks on Tuesday, triggering $62 million in liquidations across leveraged bearish positions. The move delivered 29% gains from the $1,500 low on June 26 and aligned with the broader risk-on mood that drove Bitcoin (BTC) above $66,500. Can ETH push through to $2,100?

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