Is Ethereum (ETH) in a Long-Term Buy Zone?
Ethereum just bounced off a long-term monthly trendline for the fourth time since 2022. It happened in July 2022, January 2023, May 2025, and now March 2026. ETH is now trading at roughly $2,350 – about 20% above the gold trendline in the chart.
What happens in the short-term is anyone’s guess. But if history is a guide, this looks like a value zone for long-term ETH investors.
What the monthly trendline means
Monthly candles filter out short-term price noise. Each one is a full month of price action – so a trendline that holds across four bounces over four years carries weight.
This is an upward trendline – it connects higher lows. Each higher low means buyers stepped in at a progressively higher price. That’s a long-term uptrend, even when short-term price action was painful.
As with any investment or trade setup, there’s always risk. For me, that risk would kick in if ETH loses $2,000. A monthly close below it would start to break the long-term trendline, with buyers losing the support zone.
$2,000 is also a nice round number, so there’s that.
Is there a fundamental case for buying Ethereum now?
For long-term investors, absolutely. Ethereum dominates DeFi and tokenization, with more activity running through it than any other network.
Since Ethereum moved to proof-of-stake in 2022, the total coin supply has hardly increased. And staking now locks up around a third of all ETH supply – shrinking the amount actually available to buy or sell.
Plus, big asset managers like BlackRock and Franklin Templeton are actively building tokenized funds on Ethereum.
The price has underperformed the fundamentals for years.
For long-term investors, dollar-cost averaging into this zone could make sense. And for crypto swing traders, the trendline also gives you a clean setup. Buy near support with a stop-loss on a monthly close below $2,000.
If the trendline breaks, look out below. But if it holds, the upside could be big.
As usual, none of this is investment advice. To learn more about how to use trendlines in your strategy, check out our Trendlines Explained guide.
