ETH - Testing a Critical Weekly LevelEthereumCRYPTO:ETHUSDVIAQUANTIt is time to look back at my idea from February 26, 2026: I made this idea right after BTC was recovering from its $60,000 low and ETH was recovering from its $1,750 low. That post was very important then, but it is even more important now. First we must understand why I was making this prediction and how the market structure actually developed. Looking back at my post from February 5, 2026 when ETH was trading around $1,875, I said it was likely to drop to the 0.786 around $1,750 or the 100 Monthly MA around $1,700: Pay close attention to what I said if that was the case: "If price can find support either at the 100 MA or the 0.786 Fibonacci then we should expect a rally back to at least $2,450." This is exactly what happened. ETH found its bottom around $1,748 in early February then rallied to $2,466 in April. Therefore this move to the downside is no coincidence. Apart from all the updates I have been giving about ETH stalling out at $2,400, ETH is now facing its largest battle yet. This chart has three very simple but vital trendlines for ETH's weekly trend. These trendlines span all the way back to ETH's bear market low of $880 in June 2022, meaning they have been developing for over three years. Let's break down each one. The Green Trendline The green trendline is currently the most important and the one I was highlighting the first time I posted this chart. As price was showing candle body support at the green trendline after wicking to the black trendline, it showed strong momentum for a continued move back to the $2,400 level. ETH saw further confirmation by closing six consecutive weekly candles at this green trendline before making that move to the upside. Now price is back to where it started. It is crucial to see ETH close weekly candle bodies above this level or we will almost certainly see drops toward the other trendlines. The Black Trendline The black trendline is what I refer to as the "Legacy Trendline." This is where the most significant price action has developed since the 2022 lows and it also recently marked the bottom for ETH when BTC crashed to $60,000 in February. Therefore, if ETH breaks the green trendline, the black trendline would currently place support around $1,880 to $1,920. The Orange Trendline Finally there is the orange trendline, which is the "Wick Low" trendline and where we would expect ETH to find its lowest price point in the bear market for the time being. It is possible we see a wick lower with candle bodies holding this level at some point, but for now this level represents the expected floor. Depending on if and when ETH reaches this level, it would most likely put ETH around $1,650 to $1,700. Since February, this chart has been an exceptional tool for examining ETH's weekly price action. Do not discount these trendlines as price continues to develop around them.