Ethereum 2026.03.26

On February 5th, it was indicated that February 6th would be a critical turning point, potentially marking a bottom in the cycle. Subsequently, after dropping to 1748 on February 6th, a decisive entry was made. All subsequent actions are marked by arrows in Chart 1, supported by the viewpoints at that time. You can judge how well it was done. Currently, ETH has reached a turning point again. Will the next trend be in the car or at the bottom of the car?

Tonight, we will observe whether ETH will break below 2023 and whether the daily chart will close below that level tomorrow morning. If both conditions are met, then 2386 could be the end point of the rebound, and ETH has entered a new downward trend.

If ETH does not break below 2023 in the next two days, or if it dips but the daily chart closes with a long lower shadow, then a strong upward breakout above 2200 this week could still keep the red line alive. The rebound from 1748 cannot extend beyond April 6, 2026; if no new high is reached by then, it will confirm the end of the rebound.

The most common question in the comments is, “Brother Zhang, do you think ETH/BTC can break through/fall below XXXX?” Here’s my take: I feel that feeling or anyone’s feeling about breaking through is useless, and I don’t trade based on feelings.

For those concerned about whether there are still highs, it’s mainly about one issue: wanting to short but afraid there are still highs; not shorting but afraid of missing out on a rally. In reality, accepting being trapped or missing out is always a single-choice question. If you’re afraid of missing out, look for structures on the left side and gradually build positions with lower risk; if you’re afraid of being trapped, wait until the right side is fully confirmed before entering. Position management, risk management, and mental state management are always more important than technical analysis and trend judgment. Experienced traders should understand what I’m talking about.

Recently, the most discussed topic is that the rebound has entered its final stage. Therefore, regardless of whether new highs are reached, the principle to follow is—before April 6, 2026, it’s best to hold short positions. When mid to late April comes, those who keep up with the rhythm will look back at this post and thank me. #eth $ETH