Ethereum (ETH-USD) Outlook: $2,000 Support, $2,700 Resistance in Focus

Ethereum (ETH-USD) is trading under intense selling pressure, hovering between $2,120 and $2,300, after suffering a sharp multi-week decline. Price action has pushed ETH toward a critical $2,000 support zone, while $2,700 and $3,000 now act as key resistance levels. Elevated volume, weakening institutional demand, and a broader shift toward traditional safe havens like gold and silver have reshaped short-term sentiment. Market participants are now closely watching whether Ethereum can stabilize above structural support or face further downside risk