ETH Weekly Outlook: Week of Oct 26, 2026

Bias

Last week's bearish setup played out almost perfectly. $ETH lost $2,350 and the daily uptrend, exactly as mapped in the previous outlook.

Bearish under $2,550. Price now trades around $2,310, back under the broken daily uptrend and still under the weekly Kumo.

Similar price area and levels as the previous weekly outlook, same direction.

• Upper levels: $2,450 (daily resistance) and $2,550
• Broken support: $2,350 and the daily uptrend, now acting as resistance
• Next downside: $2,200 (also $2,245 on the chart)
• Lower levels I'm watching: $2,150 to $2,210 (50% Fib area)
• Deeper zone: $2,000 to $1,960 (golden pocket, open drive W)

Possible setups

• Bearish: staying under $2,350 keeps $2,200 and then the $2,150 to $2,210 area in play
• Bullish: a D1 reclaim of $2,350 and the uptrend, then a break above $2,450, would bring $2,550 back as the next level

My take

Last week's map is still valid. Price and Ichimoku structure don't look good under the weekly Kumo, and I stay more bearish under $2,550. If the $2,150 area fails, the golden pocket around $2,000 is where I would watch for a reaction.

What do you see next?

Educational only, not financial advice. Leverage means high risk.