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Ethereum ETH April 21, 2026

The post about Ethereum from yesterday also explained my view to everyone. Right now, under the influence of weekend news, the market dropped to around 2254 and then bounced back. In the short term, it still maintains rebound momentum.

As you can see in the chart, if this wave is corresponding to the rebound for the entire stretch of 3356-1763, then it will most likely continue to move within this black rising channel. What needs attention is whether the range of 2383-2541 will form effective resistance and suppress prices in the later stage!

If prices subsequently break through the 2541 range and continue higher, it can be considered that the level this rebound corresponds to is being expanded further! As for whether it will reverse, it depends on whether the next 3 consecutive weekly K-line candlesticks can hold steady above this level!
ETH-0.19%
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