Ethereum Price Prediction: Where Is ETH Headed If $2K Support Is Lost for Good?

What: Ethereum's price has slipped back after failing to sustain strength near the $2.4k resistance zone.
Why: The repeated rejections on rallies and growing concerns over the wallet balances have led to a loss of momentum.
Signal: A loss of the $2k support could signal a deeper correction in the Ethereum market.
Target: If the $2k support is lost, the price could target the $1.8k to $2k zone.
Risk: The risk of a deeper correction increases if Ethereum fails to hold above the $2k level.