Ethereum Holds $2,000 Support as RSI Nears Oversold and Key Levels Define Next Move

Ethereum is trading around $2,050 and continues to defend the $2,000 support area as its weekly RSI hovers near 33, close to traditional oversold territory. Price action remains compressed between roughly $1,930 and $2,050, with traders watching resistance at $2,120 and downside levels at $1,930, $1,760 and $1,470 to gauge whether bears retain control or a relief bounce can emerge.