Ethereum (ETH) appears to have established a bottom at $2,000, suggesting a potential trend reversal for the leading layer 1 blockchain. After reaching this support level, ETH is showing signs of recovery. The critical resistance point to watch is $2,820, which, if surpassed, could confirm a bullish trend reversal. This development is significant for investors and stakeholders monitoring the cryptocurrency market, as Ethereum's performance often influences broader market sentiment. The coming days will be crucial in determining whether ETH can sustain its upward momentum and break through the $2,820 resistance.