Ethereum Price Prediction: Can ETH Reclaim $2K Before Month-End?

🔻 Ethereum has shown a slight recovery from $1.5K but remains below key resistance levels, indicating that buyers have not regained market control and face significant challenges ahead.

📉 The asset is trapped in a descending channel, with the recent breakdown below $1.85K turning it into resistance, while the $1.5K support zone is critical for preventing further declines.

📊 The Coinbase Premium Index signals weak institutional demand, remaining below zero, which suggests that without a shift in sentiment, Ethereum's price may continue to struggle against selling pressure.