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$ETH Is there a new high point? Is it a rebound or a reversal?
ETH Market Analysis 2026.03.11
The recent rebound seems to be quite strong, and we're back at the crossroads of bulls and bears calling each other idiots.
Friends who watched my March 8th video should know that my view is that ETH's rebound will end by the latest this week. I believe that even if it breaks 2200 again this week, it doesn't mean the downtrend is over. I won't chase longs after breaking the high but will look for signs of a top to short. Once ETH finds its rebound endpoint, it will continue to decline until the end of March. The current rebound is expected to end within 48 hours.
The difference between the red and blue lines in the chart is whether it breaks a high and then falls or encounters resistance in the red pressure zone and drops directly.
Brothers, do you think there's a high chance ETH will hit 2200 again this week? Also, after hitting that high, do you think the bear market is over? Let's discuss in the comments. #eth $ETH $BTC