Ethereum (ETH) is struggling below $2,000, facing resistance at this level. Standard Chartered cut its 2025 price target from $10,000 to $4,000 due to Layer-2 competition reducing Ethereum’s transaction fees. Technical indicators show bearish momentum, with support at $1,750 and resistance near $2,800. The upcoming Federal Open Market Committee (FOMC) meeting could impact prices—hawkish policies may push ETH lower, while dovish signals could drive a surge. Investors should watch macroeconomic trends and market liquidity, as they will significantly influence Ethereum’s trajectory. Short-term volatility remains high, making ETH’s movement unpredictable in the near future.