Ethereum's value has been in flux over the last 24 hours, slipping down to $1,980 from its 7% upsurge the week prior. The bearish trend has made it difficult for ETH to surpass the major resistance at $2,000 and the 100-hourly simple moving average. If the embattled digital asset fails to rise above the key resistance, it could potentially lead to a more significant decline to $1,850 and below. However, despite the dip in value, Ethereum remains up by around 5.5% within the week and 28% in the month. Additionally, PeckShieldAlert has reported $3.4 million of crypto trapped in phishing activities on Ethereum, Polygon, and Arbitrum networks. Altogether, Ethereum has experienced an erratic return lately, with its success likely depending on whether or not it can manage to break past the $2,000 resistance.



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