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Can Ethereum (ETH) Bulls Break the $2K Barrier or Are They Stuck in a Bearish Loop?

  • Ethereum is trading at around $1.8K, with $21.12 million worth of ETH liquidated.
  • The market sentiment is mixed with Bitcoin at $94.3K and Ethereum in the $1.8K zone, waiting for a bullish rally.
  • Ethereum remains in a bearish zone, struggling to cross the $2K mark, with trading fluctuating between $1,793 to $1,832.
  • Technical indicators suggest a potential downside correction for Ethereum, with resistance near $1,842 and the target of $2K if bulls maintain a strong momentum.

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