Ethereum Struggles Below $4,800 Resistance With Limited Upside Into 2026

⬤ Ethereum (ETH) is hovering around $3,100 on the weekly chart, sitting well below its previous peak. The asset doesn’t look ready to hit new all-time highs by February, despite bullish sentiment building in some corners of the market. ETH keeps running into trouble above key resistance zones, which suggests the path forward might be slower than many expect.

⬤ The chart shows Ethereum bumping against a major horizontal resistance band just under the prior high near $4,800. This zone has stopped rallies before, and the latest rejection shows momentum fading before any real breakout. Instead of pushing higher, ETH has dropped back into the broad range that’s defined its movement through 2024 and 2025.

⬤ Looking at support, there are a couple of important levels to watch. The first sits around $2,000, which held as a base during earlier consolidation. Below that, there’s a deeper structural floor closer to $1,000 from previous cycles. These levels confirm that Ethereum is still trading within a wide range rather than starting a fresh leg up.

⬤ This setup matters for the wider crypto market since Ethereum often influences how altcoins perform. If ETH stays range-bound, it could signal a cooling-off period after recent gains, giving the market time to reset expectations. How Ethereum handles these support and resistance zones will likely shape overall crypto sentiment as traders adjust their timelines for the next big move.