Tuesday, May 26 Afternoon ETH Outlook

This afternoon, Ethereum's current price is around $2,090. The slight short-term pullback is a shakeout and consolidation during an upward trend. Overall, the outlook remains bullish, and the recovery and upward trend are clearly intact.
On the technical side, the core support at $2,070–$2,080 has been tested multiple times, with solid buying support. The selling pressure continues to be released, and the downward momentum is gradually weakening.
The 4-hour chart shows the price in a bottoming phase, with the MACD bearish green bars continuously converging. The bullish power buildup signals are gradually emerging. As long as key support is maintained, the price will stabilize and quickly test the resistance at $2,120–$2,140.
A volume breakout above this resistance will directly open the upward space.
Ethereum's long-term fundamentals, such as staking deflation and ecosystem upgrades, remain solid, with institutional funds continuously accumulating at low levels.
Currently, Bitcoin's stabilization is driving a market risk appetite rebound. The short-term volatility is just a phase of gathering strength, not a trend reversal to the downside.
Following the overall market rhythm, a strong rebound and recovery are expected to begin.
Trading suggestion: Watch for $2,080–$2,090. $BTC
Target: $2,120.