Early in the week, Ether lost its bullish bid as it became increasingly difficult to break through the $2,200 barrier. At the time of writing, Ether is trading just above $2,000, with bulls attempting to avoid a drop to $1,800. A four-hour closing above this level may entice more buyers into the market, raising the virtual currency's price. The MACD's inability to break out of the area under the mean line adds to the negative view.