There are multiple scenarios that could play out. Depending on how the stock market holds itself up we might see a deviation from what looks like a basic support and resistance trade.
The fact is that we are still making lower highs and lower lows so unless ETH can find support at the 1k zone and break through resistance at 2k ETH will be stuck with a whole lot of selling pressure.
The fact is that we are still making lower highs and lower lows so unless ETH can find support at the 1k zone and break through resistance at 2k ETH will be stuck with a whole lot of selling pressure.