$Ethereum has followed a very different path from Bitcoin — more volatile, more narrative-driven, and often more aggressive on both the upside and downside. As 2026 approaches, $ETH is once again sitting at a technically important area, raising a familiar question: is Ethereum setting up for another major cycle move, or entering a longer consolidation phase? To answer that, we need to look at Ethereum’s long-term price behavior, not just short-term noise. On the weekly ETH chart, one thing stands out clearly: Ethereum continues to respect its long-term ascending trendline, despite multiple major crashes over the years. Historically: ETH/USDT 1W - TradingView Every time Ethereum has revisited its long-term support structure, it has either bounced strongly or entered a prolonged consolidation before the next expansion phase. Ethereum’s cycle behavior shows a clear pattern: This makes Ethereum more sensitive to market sentiment, liquidity, and narrative shifts — especially around upgrades, scaling, and ecosystem growth. Technically, Ethereum is approaching 2026 while sitting: This combination often signals a decision zone, where price either reclaims higher levels or drifts into a broader range. Volatility compression at these levels has historically preceded large ETH moves. If liquidity improves and risk appetite returns: In this scenario, 2026 would resemble a continuation year within a larger cycle rather than a market top. If macro pressure and tightening liquidity persist: Historically, Ethereum has spent entire years consolidating before major upside moves. Looking back at previous cycles: This suggests that 2026 may be less about chasing hype and more about positioning ahead of the next structural move.Ethereum’s Long-Term Price Structure: Respecting the Trend

Ethereum Through Bull and Bear Cycles
Where Ethereum Stands Heading Into 2026
Ethereum Price Prediction for 2026: Bullish vs Bearish Scenarios
Bullish Scenario
Bearish Scenario
What History Suggests About Ethereum in 2026
Ethereum Price Prediction for 2026: Can ETH Hold Its Long-Term Structure?