If Ethereum holds the $1,850 support level and reclaims $1,950, it can resume its ascending channel recovery toward $2,060

"Crypto analyst Michaël van de Poppe identified $1,800 as the level Ethereum must preserve for the recovery to continue. 'I'd preferably see it hold above $1,800. If that's the case, then it's a matter of time until we're going to see numbers that are north of $2,000.'"

"The 4-hour chart places ETH at the lower boundary of an ascending parallel channel that has guided its recovery since early July... if buyers reclaim $1,950... the channel's upper boundary could reach approximately $2,060."