This past week, Ethereum started a fresh decline below $1,880 against the US Dollar. ETH price moved into a bearish zone below the $1,850 level. There was a sharp move below the $1,840 level. Besides, there was a break below a key bullish trend line with support near $1,860 on the 4-hour chart. A low was formed near $1,777 before the price started an upside correction.