Ethereum is trading close to $2.1k to close out Q1 2026, and the picture remains largely unchanged from recent weeks. It’s a market that has lost more than half its value from the late-2025 highs and is struggling to build any conviction on the recovery.
Key takeaways
Quick scan — what you need to know:
- Ethereum is trading close to $2.1k to close out Q1 2026, and the picture remains largely unchanged from recent weeks.
- It’s a market that has lost more than half its value from the late-2025 highs and is struggling to build any conviction on the recovery.
- With macro headwinds persisting and altcoins broadly underperforming, ETH continues to face an uphill battle heading into the new quarter.
- Ethereum Price Analysis: The Daily Chart The descending channel that has defined ETH’s price action since late 2025 remains fully intact on the daily chart.
Background
What led here, in plain terms:
- Both the 100-day moving average (~$2.4k) and the 200-day moving average (~$3k) are declining and sitting well above the current price.
- They form a compressing wall of resistance that has rejected every meaningful recovery attempt since December last year.
- The $2.3k–$2.4k supply zone has proven particularly stubborn, as the price pushed into it in mid-March but was rejected sharply.
- The $1.8k support level also held earlier during the February capitulation wick and remains the key line in the sand to the downside.
Why it matters
Why readers and decision-makers should care:
- The post Ethereum Price Analysis: ETH Reclaims $2K but Bearish Momentum Still Persists appeared first on CryptoPotato.
- Ethereum is trading close to $2.1k to close out Q1 2026, and the picture remains largely unchanged from recent weeks.
- It’s a market that has lost more than half its value from the late-2025 highs and is struggling to build any conviction on the recovery.