Ethereum Price Prediction: ETH Is Back at the “Master Trendline”, Here’s Where It Could Go Next

By Afe Funbi

Ethereum has been taking hits lately, and the ETH price is currently at the spot where traders are most interested when there’s a hint of wobbling in the market. ETH is trading around $1,884, and the level getting the most attention is still the $1,800 zone, because many see it as the last major shelf after the recent breakdown.

The ETH price looks weak, but it’s also sitting in the kind of area where rebounds can appear fast and violent. That’s the backdrop for Merlijn The Trader’s claim that Ethereum is “back at the master trendline,” the same one that has mattered since 2016.

What the “Master Trendline” ETH chart is really showing

The chart is built around a long, rising curve that acts like a structural guide for Ethereum’s entire cycle. There’s a green band in the middle, with red bands above and below it, forming a channel that the ETH price has interacted with for years.

The labels make the point simple: when Ethereum drops into the lower part of that band, it has often marked a major bottom zone. After that, the ETH price tends to push up, then come back down for a retest before the next bigger move.

ETHEREUM IS BACK AT THE MASTER TRENDLINE.

Since 2016 it’s been the same cycle:
Touch. Hold. Explode higher.

2020 respected it perfectly.
Now it’s happening again.

The market is giving another chance most people will ignore.

Big moves are born here. pic.twitter.com/0ESN9sCFlM

— Merlijn The Trader (@MerlijnTrader) February 5, 2026

You can see that rhythm multiple times across the timeline. There’s an early “bottom,” then a strong run, then a “retest.” Later, another deep reset into the band, followed again by another retest phase. The 2020 area stands out as one of the cleanest examples, where the ETH price tagged that curve, held, and then launched higher.

Now the right side of the chart is showing the same setup forming again. The ETH price has rolled over from the highs, slid back into the trendline zone, and is hovering right where past cycles have either held and turned or failed and turned the drop into something much uglier.

Where the ETH price stands right now

On this chart, the ETH price is sitting near the lower part of that long-term band, around $1,884. That’s why traders keep calling $1,800 a decision area.

If the ETH price manages to hold this region the way it did in past cycles, the next thing the market usually looks for is a bounce that tests overhead resistance. A move back toward $2,200–$2,400 would be the first serious sign that ETH is trying to stabilize again.

But if the ETH price doesn’t hold, the vibe changes quickly. A clean break below a multi-year trend guide tends to trigger forced selling, because the whole “cycle support” narrative stops working.

That’s also why the $1,800 level matters so much. If the ETH price keeps leaning on that zone and cracks it, the market will start hunting for the next major support areas, possibly closer to $1,600 or even lower.

CoinCodex’s 1-month ETH price prediction puts Ethereum around $2,135.95 in the near term. That would move the ETH price back above its current lows and into a slightly stronger part of the range, even if it still wouldn’t count as a full trend reversal yet.

Source:: Ethereum Price Prediction: ETH Is Back at the “Master Trendline”, Here’s Where It Could Go Next