Ethereum bulls have successfully defended the $1,984 level, maintaining structural integrity despite significant downward pressure. Analyst Crypto Tony highlights the $2,030–$2,040 range as a critical resistance zone, suggesting that flipping this range into support is essential for a sustained rally. Ethereum is currently trading at $1,984.84, reflecting a modest 0.8% increase over the past 24 hours. In addition to price movements, Ethereum's ecosystem is showing signs of vitality. The integration of the Stronghold (SHx) bridge via the Axelar Network enhances Ethereum's utility by enabling seamless asset movement with the Stellar ecosystem. Meanwhile, Ethereum co-founder Vitalik Buterin has reaffirmed the network's neutrality and permissionless nature, bolstering confidence amid regulatory scrutiny. Community sentiment remains bullish, with 75% of polled users optimistic about Ethereum's trajectory.