Ethereum in Jeopardy as Bears Threaten to Breach the $1,860 Support

For the past 48 hours, Ethereum's (ETH) downward run was halted at the $1,860 low as bulls bought the dips. Ether price corrected higher but was rejected at the $2,040 high. Ether price is now range-bound between $1,860 and $2,040 price levels.