TA: Ethereum Struggles Below $2K, Why Bears Remain In Action

Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is declining, but it is still above the key $1,920 support zone.Ethereum is showing a few bearish signs below the $2,000 barrier.
The price is now trading below $2,000 and the 100 hourly simple moving average.
There is a major bearish trend line forming with resistance near $1,970 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could decline sharply if there is a clear move below the $1,920 sup