Ethereum Price Analysis: ETH Reclaims $2K but Bearish Momentum Still Persists

Ethereum is trading close to $2.1k to close out Q1 2026, and the picture remains largely unchanged from recent weeks. It’s a market that has lost more than half its value from the late-2025 highs and is struggling to build any conviction on the recovery. With macro headwinds persisting and altcoins broadly underperforming, ETH continues to face an uphill battle heading into the new quarter. Ethereum Price Analysis: T…