Ethereum Price $2,000 Floor Gives Way As Selling Pressure Persists
Summary
Ethereum has extended its decline after failing to hold above $2,020 and briefly fell below $1,980 to a low near $1,955. It is now consolidating below $2,000 and the 100-hour moving average, with bearish momentum still in place. Immediate resistance is near $2,000–$2,010, followed by $2,020 and $2,050. A decisive break above $2,050 could open the way toward $2,080 and then $2,120–$2,150. If ETH cannot reclaim $2,000, downside risk remains, with support at $1,955, then $1,920, $1,880, $1,850, and potentially $1,780. Technical signals remain weak, with MACD bearish and RSI below 50.
