As of 13:00 on February 24, 2026, Ethereum (ETH) is expected to experience a generally bearish sideways trend over the next three days. Key points: initial suppression followed by stabilization, weak rebound momentum, and a focus on shorting on rallies before key resistance levels.

Core Analysis
Price and Structure: The current price is approximately $1,870, down over 5% in the past 24 hours, breaking below the critical support at $1,900. Currently trading weakly between $1,860 and $1,880, with insufficient rebound momentum.
- Key Levels: Strong support at $1,850. If broken, the price may decline to $1,800; resistance levels are at $1,900–$1,920 and $1,950.
- Catalysts: US January PPI and initial jobless claims data at 21:30 on February 24 will influence the dollar's trend and are the biggest short-term variables.
- Market Sentiment: The entire network is experiencing severe liquidation, ETF funds are slightly flowing out, institutions are observing, and leverage risk appetite is low.
Trading Strategy Recommendations
If the rebound to $1,900–$1,920 faces resistance, consider small short positions with a stop loss at $1,940, targeting $1,850–$1,860.
- If the price tests and stabilizes at $1,850, consider very small long positions with a stop loss at $1,825, targeting $1,890–$1,900, with quick entries and exits.
- If negative data tonight causes a significant drop below $1,850, consider shorting with the trend toward $1,800.