Ethereum price (ETHUSD) witnessed sharp losses during its recent intraday trading, to break $2,020 support level, this support was a potential target in our previous analysis, affected by breaking main bullish trend line on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, noticing the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions, indicating the strength of the negative pressure.