Ethereum Consolidates Below $2,000 After Failed Breakout

Ethereum is currently in a consolidation phase after failing to sustain momentum above $2,000.

Last week's report saw ETH rally toward the $1,980-$2,000 resistance zone, but buyers were unable to secure a decisive daily close above this major psychological level.

Despite this rejection near $2,000, the broader bullish market structure remains intact, with Ethereum continuing to hold above the key $1,840-$1,850 support zone.