Ethereum Price Prediction: ETH Faces $1.8K Risk Unless Bulls Reclaim This Critical Level

Ethereum is trading at $2,080 and grinding lower into a zone where the technical picture is bleak on the surface, but quietly building something more interesting beneath the surface.

The 100-day moving average sits just above as a lost reference point; the ascending channel floor is on the verge of a breakdown, yet the 4-hour chart is sketching out what may be a genuine bullish reversal pattern.