Is ETH lastly going to rebound decisively, or will there be one other crash to new lows.
Ethereum continues to wrestle to reclaim the coveted $2,000 psychological degree, as every try to take action ends in a subsequent rejection and correction.
Common analyst Ali Martinez weighed in on the asset’s latest efficiency and defined that it’s forming a bullish flag. Nonetheless, there’s a serious catch in his submit, which may really imply bother forward for ETH.
Ethereum $ETH is forming a bullish flag!
There’s only one twist… The chart is inverted. pic.twitter.com/Kb8eamJOMF
— Ali Charts (@alicharts) February 20, 2026
The “inverted” bullish flag reveals that ETH has really been in a constant downtrend for weeks, however it has managed to compress inside a tighter vary extra lately. Martinez believes a much bigger transfer is within the making, however it may push the asset to new native lows of below $1,400.
Daan Crypto Trades additionally introduced up ETH’s underwhelming efficiency as of late, indicating that the beginning of 2026 has been worse than the way it moved in early 2025.
The analyst outlined hopes that the biggest altcoin may lastly rebound in the next few months, for the reason that March-to-Could interval is traditionally extra helpful for it.
$ETH Has began the yr of worse than final yr up to now. Traditionally, March by means of Could are good months for ETH.
However we all know how the market is all over lately and that there’s been just about zero correlation with different threat property.
This makes for an terrible… pic.twitter.com/CBAfLTduHx
— Daan Crypto Trades (@DaanCrypto) February 21, 2026
You may additionally like:
One other unfavorable improvement inside the Ethereum investor ecosystem is the web flows inside the spot ETH ETFs. Final week was within the crimson as soon as once more, with roughly $113 million leaving the funds.
On the other facet, BitMine continues to build up. The Tom Lee-chaired firm bought one other 45,759 ETH final week, and now holds 4,371,497 tokens, valued at nearly $8.7 billion. The corporate is down $8 billion on its Ethereum place, given its common entry price of $3,820.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in unique BingX Change rewards (restricted time supply).
