Ethereum: Dip Below Range May Fuel 2026 Breakout

Ethereum traders debate whether a flush below the current consolidation range is required before the next leg higher, echoing the 2025 pattern of dip below range followed by massive surge.

With price at $2666.78 inside a bullish structure defined by EMA50 at $2637.97 and EMA200 at $2441.36, the 4h chart shows neutral RSI at 47.88 yet a MACD death cross at 10.11; price hugging the lower Bollinger band near $2640.66 while testing upper resistance at $2801.68 points to a healthy retracement toward the 50-EMA support before any continuation higher.