Can Ethereum price break $2,000 as EIP-8361 divides builders?

Ethereum price traded near $1,868 on Aug. 5 as it compressed below a descending trendline, while debate over EIP-8361 added a new variable to the market outlook. Summary Ethereum price remains below $1,900, with the daily chart showing resistance between $1,887 and $1,918. A 4-hour descending channel places $1,875 as the first breakout level for buyers. Liquidation clusters near $1,900 and $1,940 could accelerate an upside move if resistance breaks. EIP-8361 would gradually burn validator rewards, reaching a 100% burn rate at a 50% staking ratio. Ethereum price struggles below $1,900 According to data from crypto.news, Ethereum (ETH) price was trading at $1,868 at the time of writing, little changed over the previous 24 hours. The price has repeatedly failed to hold above $1,900 since late July, leaving the psychological $2,000 level out of reach. The daily chart shows ETH trading below its 20-day simple moving average at $1,887.53. The 100-day SMA at $1,918.22 creates another resistance level, while the 200-day SMA remains higher at $2,074.86. Ethereum price daily chart — Aug. 5 | Source: crypto.news That structure leaves Ethereum below three of its four major moving averages. ETH...