Watching ETHUSD around 1880

Been tracking $ETHUSD quite closely these past few days, and it feels like we're consolidating right around that 1880 mark. We've seen a few probes higher, hitting about 1884 today, but each time it's quickly pulled back. On the flip side, the 1874-1875 zone seems to be providing some decent short-term support. I'm viewing this as a potential sideways channel forming, perhaps building energy for a move. The risk for this idea, in my opinion, is a decisive break and hold below 1870. If that happens, we could easily see a retest of lower levels pretty quickly. Conversely, a clear break above 1885 and holding would shift my bias to looking for continued upside.