Thoughts on ETH consolidation around 1870

Been watching $ETHUSD bounce around the 1870-1880 range for a bit now. We saw that brief dip to 1870.51 before catching a bid, which feels like a retest of prior support, or perhaps just demand stepping in at a psychologically significant area. The question now is whether we can consolidate above this level and build some momentum, or if this is simply a pause before another leg down. I'm keeping an eye on a sustained break below 1865; that would invalidate the idea of this being a strong support zone for me and likely open up further downside. It's not a conviction play yet, just a scenario to monitor.