It's a relief that ETH is sustaining above 365d SMA line.
I wondered whether ETH(Ethereum) price declined below 365d SMA(Simple Moving Average) line today. So, I checked it, and it's still keeping above the line. What a relief.
ETH has been stucked between $2k~5k for the last 4 years and 10 months. I think it's good to go up from this price. Because the current ETH price doesn't reach $3k yet. It's the longest bear market for altcoins.
I hope ETH will surpass $3k this quarter. No one knows. But bear market can't last for a long time.
The last year hasn't been particularly favorable for Ethereum. From October 2025 to October 2026, ETH lost approximately 43% of its value, demonstrating once again how volatile the cryptocurrency market is. Personally, I find it interesting to distinguish Ethereum's price from its technological potential: blockchain continues to represent an important infrastructure for decentralized finance, smart contracts, and asset tokenization. The real challenge in the coming years will be to transform this technological utility into sustainable growth in ETH's value. The success of a technology doesn't necessarily translate into a good investment. Five or six years ago, I was an Ethereum fan, but then I lost enthusiasm in favor of more performing blockchains.
0.00 SBD,
1.43 STEEM,
1.43 SP