Ether's price has remained stagnant between $1,810 and $1,960, facing strong resistance at $2,000 due to several factors. The Ethereum network has seen a decline in both network activity and total value locked (TVL), with a notable drop of 9.3% in TVL from its January peak. Furthermore, U.S.-based spot Ether ETFs experienced ongoing outflows, totaling $265.4 million over the past week, contributing to negative sentiment among investors. This marks the longest streak of outflows since 2015, with significant declines observed in specific platforms like Maverick Protocol and Dodo. Technically, Ether is showing signs of potential further decline, with the price projected to fall to around $1,530 if it breaks below key support levels. A failure to maintain price above $1,880 could lead to a bearish breakout. Investors are advised to conduct thorough research before making trading decisions.

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