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#ETHTrendWatch | Market at a Crossroads
As of 27 January 2026, Ethereum (ETH) sits at a decisive inflection point, with price action, sentiment, and on-chain data sending mixed but highly active signals. After retreating from late-2025 cycle highs, ETH has struggled to reclaim upside momentum, posting a near-11% weekly decline as sellers maintained pressure and bearish structures strengthened.
🐋 Whale activity remains a double-edged signal
• Large deposits to exchanges have increased sell-side pressure
• Selective accumulation by long-term holders suggests growing conviction at lower level