ETH Trades at $1,967 as $60.24M in Liquidations Hit Market Amid EMA Resistance

Ethereum (ETH) traded at $1,967.04 on May 20, down 1.6% over 24 hours with volume at $22.48B and market cap at $237.34B, The Crypto Basic reports. The token remains below the 50-day EMA at $2,512 and 100-day EMA at $2,834, with immediate resistance near $2,100–$2,200 and support around $1,825. Liquidation data show $60.24M over the past 24 hours, with $42.68M in long positions versus $17.56M in shorts, The Crypto Basic said.