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On Saturday, Ethereum (ETH) decreased by 0.95%. ETH finished the day at $1,876 after gaining 1.18% on Friday. Notably, ETH avoided trading below $1,800 for the third session running.

Following a range-bound morning, ETH increased to a high of $1,907 around midday. A late-session low of $1,866 was reached by ETH as it failed to reach the First Major Resistance Level (R1) at $1,933. However, ETH stabilised to end the day at $1,876 after avoiding the First Major Support Level (S1) at $1,858.

ETF news and EDX Markets' debut provided more support.

There were no noteworthy crypto events on Saturday, making it a calm day. Investors were forced to make assumptions due to a lack of information, such as the recent SEC approval of a leveraged BTC ETF and the potential effects of the debut of EDX Markets on the US digital asset market.

One of the four cryptocurrencies the platform will accept in the near future is ETH, which might see a price increase should EDX Markets begin to take market share away from other major players like Binance.US and Coinbase.

The staking figures, however, persisted in testing the willingness of buyers, with staking inflows being impacted by a declining trend in the staking APR.

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