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Ethereum Price Prediction: Will It Drop Below $1700 or Surge Above $2000?

Ethereum (ETH) has been experiencing significant volatility, leaving traders wondering whether it will break above $2000 or fall below $1700. Several factors, including market sentiment, macroeconomic conditions, and whale activity, could influence its next move.

Key levels to watch:

Resistance: $2000

Support: $1700

If ETH fails to hold above the support level, a bearish breakdown could push it lower. However, if bullish momentum picks up, Ethereum may target a rally beyond $2000.

What are your thoughts? Will ETH break out or drop further? Let us know in the comments!