Ethereum is testing the $2,000 support level after facing repeated resistance at the daily Ichimoku cloud. Currently trading near $2,070, Ethereum has declined by 4.5% as bearish momentum limits upside potential. The $2,000 zone, where significant whale accumulation occurred in 2025, remains a critical support level, with analysts warning that sustained selling could lead to further declines. Despite moderate trading volume of 110.39K, Ethereum's price action reflects market uncertainty, with short-term traders closely watching the Ichimoku cloud for signs of resistance. The market sentiment remains cautious, as altcoins also experience pullbacks, reinforcing the bearish outlook. Ethereum's ability to hold the $2,000 support is crucial for preventing deeper losses, while overcoming the cloud resistance is necessary for any potential recovery.