ETH — Bullish market call

Published by Lark Davis on 2026-09-26.

Ethereum is at a critical price level of $2,800 for a weekly close, which has historically been an important support and resistance level; a weekly close above this level could lead to a significant price move higher.

ETH right now. This is the weekly chart. We are at the critical area, the absolute critical area, because $2,800, that's where we want to watch for a weekly close. That's the orange box on the chart right here. $2,800 is the number to watch out for because, as you can see, 2,800 bucks has been one of the most important support and resistance levels for Ethereum over the last five years. You can see support September 21. You can see again general support uh resistance support area in uh February 22, May 24 support resistance, August 24 resistance, Feb 25 resistance, June 25 support, November 25, we're once again back at that exact area. So when we can get a weekly close over 2,800 bucks, things probably get real, real interesting real quick for Ethereum.

Evidence review

pending

Trade interpretation

Long exposure to ETH; entry, sizing and execution remain unspecified.

Source entry

weekly close over 2,800 bucks

Attribution

unknown

Extracted trade interpretations and hypothetical paper models do not confirm source fills or actual execution.