On the daily chart, ETHUSD is currently holding above a key Fibonacci support zone between $1998 and $2021. The analysis suggests that while the price has tested this level multiple times, a decisive break below $2000 could open the door to further downside, potentially testing lower support levels around $1886-$1932. However, a bullish reversal pattern is still possible if the price can break above the green resistance line at $2077.