Pai 🌲|Feb 26, 2026 11:50
ETH is at a critical moment: will it bottom out and rebound, or break down further?
Recap: After consecutive weekly declines, it precisely retested the lower edge of the channel on February 6. Currently, it's in a 'weak recovery phase.'
Current situation: The price is repeatedly tugging between the 2120-2230 resistance zone and the lower edge of the weekly channel.
Core logic: This narrow-range consolidation is the prelude to a breakout. Only by breaking out of this 'box' can ETH truly choose its direction.
Current strategy: Since the direction is unclear, 'range is king.' Plan according to the consolidation logic.
Do you think ETH can hold this two-year channel?
ETH
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