ETH Market Analysis 2026.02.04 Since pointing out on January 28th that 3046 was highly likely to be ETH's short-term rebound high, ETH has dropped to 2110 in just one week. Friends who have been following my tweets and shorting along the way must be thrilled. So, what’s next for ETH? ETH's decline has been too fast, so the timing of its bottom has slightly shifted. My original plan for spot buying in batches also needs some minor adjustments. The chart shows the possible future trends for ETH: Blue Route: Starting from 2110, ETH is undergoing a small-scale rebound. After the rebound ends, ETH will continue to drop until the week of 2.23. Once the bottom is found, ETH will begin a trend of upward movement. Red Route: ETH's decline will end this week or next week, and then it will start to rise. During the week of 2.23, there will be a trend reversal point. This reversal point will mark the start of ETH's upward trend, but it won’t necessarily be the lowest point (from this weekly K-line, the trend shifts, and the bulls take charge). If the red route plays out, the lowest point of ETH's weekly K-line this week or next week is very likely to be the bottom of the decline, and it could also be the lowest point in the next 90 days. As I’ve said before, I don’t aim to buy the absolute bottom with my entire position. So as long as ETH doesn’t make new lows in the near term, I’ll start buying spot in batches.