Ethereum Price Flips Massively Bullish On Approaching $2,000

• Ethereum’s flash drop under $2,000 called more investors into the market.
• Short-term technical levels turn bullish as Ether settles above $2,000.

Ethereum lost significant ground following last week’s rejection at $2,650. The downtrend worsened upon breaking former support at $2,400. Finally, the pioneer smart contract token extended the bearish leg under $2,000 until support at $1,800 came to the bulls’ ratio.