The daily chart broke below the lower boundary of the descending channel, and if the 1825 support is broken again, the 1800 target level might really be in sight. This market makes people's hair stand on end.

Ethereum falls below the $2000 mark, with the current price approaching $1990, affected by institutional fund outflows, geopolitical tensions, and technical bearish factors. Crypto.News data shows that ETF net outflows totaled $241 million over the past week, with monthly withdrawals around $540 million. The daily chart broke below the lower boundary of the downward channel since January, approaching the $1825 support level; if it cannot rebound to the $2000–$2100 range, the technical target of $1800 may continue to be in focus.