Ethereum (ETH) has been facing a downtrend, with the price dropping to $1,888.The Relative Strength Index (RSI) indicates oversold conditions, potentially triggering a short-term bounce.The Moving Average Convergence Divergence (MACD) indicates strong negative momentum, suggesting continued bearish pressure.Key support and resistance levels to watch are $1,850-$1,880 and $2,000, respectively.