Ethereum Price Prediction: ETH Faces Pressure, Risks Falling Below $2,000

What: Ethereum's price dropped **4.70%** to $2,064, facing pressure from bearish indicators.
Why: A key trend line is capping at $2,135, and a bearish MACD is contributing to the downward pressure.
Signal: The current price is testing the $2,020 support level, which may be the next key level of resistance.
Target: If the $2,020 support level fails, the next potential target could be $1,880.
Risk: Ethereum's price is at risk of falling below $2,000 if the bearish trend continues.