
Ethereum is showing signs of stabilization after months of decline, with the $2,000 level acting as a critical support zone. The recent price rebound suggests buyers are defending this level, but the overall trend remains bearish as Ethereum trades below key moving averages. Resistance is strong between $2,300 and $2,400, and failure to break this could lead to a retest of $2,000 or a deeper correction toward $1,800. Investors should watch these levels closely for signs of sustained recovery or further decline.