As of 2026-03-20, ETH is approximately $2,178. After rebounding in mid-March, it retreated due to the hawkish stance of the Federal Reserve and selling pressure from large whales, leading to short-term weakness. Technically, it is oscillating and forming a bottom, with support at $2,050–$2,100 and resistance at $2,200–$2,300. Inflows from Layer 2 solutions and ETFs provide long-term support, while in the short term, it remains mainly range-bound. Only a break through key levels could lead to a stronger upward movement.