<ul><li>Ethereum remains under the bearish grip and has registered only a modest spike of 1.15% in trading.</li><li>Ethereum traded at around $1,817, with a daily trading volume of $14.67 billion, while $29.61 million worth of ETH was liquidated.</li><li>If the downside correction persists, Ethereum might retrace to the support range of $1,776, while breaking $2K could lead to a sustained bullish wave towards the $2,268 resistance level.</li><li>Several technical indicators suggest a bearish sentiment in the market, including the MACD line below the zero line and the CMF indicator at -0.10.</li></ul>

Will Ethereum Break Past $2K and Turn Bullish?

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