ETH Market Analysis 2026.03.04 ETH has been rebounding from 1747, targeting the drop from 3447 to 1747. This rebound isn’t over yet but is already in its late stage, commonly referred to as the 'fish tail' phase. If you don’t have low-entry chips, it’s best not to chase the highs, as the rebound is likely to end as early as this week or at the latest next week. Once the rebound ends, a new downtrend will begin. If ETH manages to break through the 2148 level, or even hits 2300+, don’t hesitate—if there’s a 4-hour candle close, reduce your position and take profit decisively. If you get trapped, it might take at least half a year to recover. The exciting upward trend you’re seeing now might just look like a single spike on the weekly chart later. For this rebound, I’ve advised the community to focus on BTC rather than ETH, as ETH tends to be weaker than BTC during major downtrends. Plus, we’re far from the point where the downtrend ends.