$ETH has recently bounced from the $1,750 support level, indicating potential bullish momentum. Key resistance is observed around $1,820, and a break above this level could pave the way toward the $2,000 mark. Conversely, if ETH fails to maintain its current support, it may retest lower levels around $1,700.

The combination of technical indicators and institutional investments suggests a cautiously optimistic outlook for Ethereum. If $ETH can sustain its current momentum and break above key resistance levels, it may target the $2,000–$2,200 range in the near term. However, traders should remain vigilant for potential pullbacks and monitor market developments closely.

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