$ETH Market Analysis (2026)

1. Trend: Bearish but Oversold (Possible Bounce)

Ethereum is currently in a downtrend and has a SELL rating, trading below major moving averages like EMA-50 and EMA-200. �

CoinLore

RSI is around 23–32, which is in the oversold zone, meaning sellers may be exhausted and a rebound could happen. �

CoinLore +1

MACD remains bearish, showing downward momentum is still dominant. �

altindex.com

👉 Conclusion: Short-term bearish, but rebound potential is high.

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