Ethereum Faces Downside Risk Below $2,000; Pattern Targets $1,665, MVRV Near $1,725
Ethereum risks falling below $2,000 in February, with an Inverse Cup and Handle breakdown targeting around $1,665, Cointelegraph reported on Feb. 4. ETH fell below an approximately $2,960 neckline in January, failed a retest, and remained under the 20-day and 50-day exponential moving averages; MVRV data point near $1,725.