Ethereum Price Prediction: Will ETH Break $2,600 or Pull Back First?

Ethereum has reached the $2,600 level but is slowing down at a weekly supply zone On H4, ETH shifted structure after not sweeping all the liquidity below A potential short retracement could occur — but as always, nothing is 100% certain I’ve said it before and I’ll say it again — Ethereum doesn’t always make its moves politely. Sometimes it lets you know in advance. Other times? It grabs your stops and waves goodbye while you’re still loading TradingView. Right now? We’re at one of those moments. Weekly Timeframe: The Bigger Picture Let’s zoom out for a second. On the weekly chart, ETH has made a beautiful push — not even gonna lie. After months of chop and sideways breathing, we finally got a move. Price came back to $2,600 afterabout 3 months. But here’s the thing: Ethereum’s now bumping its head against a weekly supply zone. That zone isn’t new. It’s been there, waiting, watching — and right now, it’s showing its teeth. Price is slowing down, and you can almost feel the hesitation. Reminds me of when I once tried to break out of a bad trade habit — made progress fast, felt euphoric, then hit that mental resistance wall. That’s what this looks like. Progress, pause... possible pullback. H4: The Liquidity Question Here’s where things get more surgical. If you jump down to the 4H chart, you’ll notice something strange: Ethereum didn’t grab all the liquidity below before launching this rally. It just... took off. And whenever price takes off without sweeping the juicy lows first, I start raising eyebrows. Because more often than not? Price remembers. So what are we seeing on H4 right now? A clean break of structure to the downside A possible lower high forming A pullback that could soon flip into a short retracement This doesn’t scream full-on reversal yet — but it whispers it. It’s like when a friend says “I’m fine” but they clearly aren’t. You know the vibe. Here’s the Breakdown: Weekly timeframe: Ethereum is stalling at a major supply zone after a strong bullish run. H4 structure: We’ve are waiting signs of a bearish shift. A lower low. A possible retracement forming. Liquidity untouched below. What to watch: If we start seeing momentum slow further and a clean break + retest, we might get that short retracement before any serious continuation. Final Thoughts When it comes to ethereum price prediction, I’ve learned that clarity is good... but flexibility is better. You can have the best bias in the world — but if price wants to do its own thing? You either adapt, or you get smoked. So for now, ETH is in decision-making mode. If you’re planning trades here, don’t bet on certainty — bet on preparation. Have your invalidation. Stay nimble. And always, always listen when the chart starts to whisper.