Ethereum's price has been struggling to reach the $2,000 milestone and is currently being defended at the $1,900 level by bullish investors. A group of whales have been buying more ETH to counteract the selling pressure, with 150,000 ETH worth $288 million added to their balances between July 15 and 20. The rising user acquisition rate on the Ethereum network suggests that the community is building momentum for the next bull rally, with network growth surging 49% from July 5 to 20. These factors indicate that ETH is likely to hold the $1,800 support and potentially rebound above $2,000.