Ethereum [ETH] bulls were able to defend the $1840 support in recent days and managed to push prices past $1900. While this was encouraging for lower timeframe bulls, there was the possibility that a foray to $2000 would see ETH rejected.A confluence of technical factors suggested that the $2010-$2070 area was likely to offer stern resistance to bullish advances. Although Ethereum has traded within a range from $1800-$1965 recently, it appeared that a false breakout followed by a rejection was a likely scenario in the coming days.