ETH Market Analysis 2026.03.31

ETH has been rebounding for 53 days since reaching 1748. Currently, the rebound is nearing its end; this week or next week, a reversal point may occur. After ending the rebound from 1748, ETH will continue to decline, and 1748 cannot serve as a bottom.

The overall approach remains consistent with the view in Sunday’s video. The short-term movement of ETH can be divided into two scenarios as shown in the chart:

Red: Rapid upward movement in recent days with no significant correction. Under this path, there is a high probability of another peak above 2386 (based on BTC breaking through 76,000; even if ETH does not break its high after BTC surpasses 76,000, the rebound could end at any time).
Blue: Deep correction and sideways consolidation in recent days suggest that the subsequent movement will follow the blue path, meaning no new highs. The turning point for accelerated decline in ETH may occur this week or next week.

After 4.2, no 4-hour candlestick body should close below 1938. If it does, it may indicate that there will be no new highs or significant rebounds, and the trend could shift into a downward trend.