Ethereum price prediction: Sideways action ahead as ETH faces seller pressure near $2,000

Traders Union
All News
Crypto News
Ethereum trades flat today at $2005

Highlights

Ethereum saw over $110 million in long liquidations as the Foundation moved forward with post-quantum security upgrades.
Development activity led by Ethereum ecosystem projects increased, signaling continued commitment to innovation and network security.
ETH trades below all key moving averages with oversold momentum indicators, indicating likely sideways to lower price action between $1,900–$2,110 over the next week.

Long liquidations surge amid post-quantum upgrade focus and ecosystem activity

On March 28, 2026, significant long liquidations on Ethereum totaled over $110 million as the Ethereum Foundation's quantum research team advanced efforts to integrate post-quantum signature schemes and prioritized upcoming security upgrades. The same day saw Ethereum ecosystem projects leading in development activity based on recent blockchain metrics.

Bearish momentum and oversold signals cap upside in narrow range

Technical indicators remain predominantly bearish, with price action below the SMA-20, SMA-50, and SMA-200 levels. Immediate resistance is at the Ichimoku Kijun level of $2,151.08, while momentum oscillators on the daily chart — MACD and ADX — show neutral direction and weak trend strength. Oversold signals are present in RSI (42.78), Stoch RSI (1.78), and CCI (–108.16), and intraday Bull/Bear Power (BBP at –45.30) continues to reflect seller dominance, with daily volatility subdued and sideways trading establishing a narrow price band.

Sideways price bias as low bullish probability constrains near-term moves

For the next five trading days, ETH is expected to move within a typical volatility band of $1,900 – $2,110. The probability of a short-term price increase is very low, at less than 20%, due to the absence of bullish cues from the weekly RSI, ADX, MACD, and MA-50. If ETH breaks above the $2,151 immediate resistance, a bullish scenario could develop, while a move below $1,900 would trigger further downside. The base scenario favors continued sideways movement within this corridor.

Viktoras Karapetjanc, expert at Traders Union, sees Ethereum’s recent sideways action as a test of investor patience amid clear seller dominance in the charts. He believes the ongoing focus on post-quantum security and development highlights strong underlying fundamentals, even as immediate sentiment remains cautious. With technicals pointing to resistance at $2,151.08 and support at $1,900, Karapetjanc expects price to consolidate before the next major catalyst. "The current technical picture is weak, but Ethereum’s commitment to innovation and security is a positive signal for patient, long-term investors."

persistent bearish sentiment and technical weakness dominating Ethereum's short- to long-term outlook. The continuation of subdued volatility and repeated failure to reclaim major moving averages reinforce this cautious stance, with traders advised to monitor for a decisive breakout above $2,151 or a breakdown below $1,900 as signals for the next directional move.

Source of Data: ETH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.