Macroeconomist Henrik Zeberg, a man who probably knows more about money than you do, has declared the return of altcoin season. This, he claims, is because Ethereum-second-place crypto in a race it never asked to join-has finally broken above $2,780. A number! A line! A resistance so flimsy it’s practically made of wishful thinking and Monday mornings.
The chart, which looks suspiciously like a graph plotting the number of times retail investors have second-guessed themselves, suggests there’s “room for growth.” Zeberg, armed with RSI metrics and a vague sense of optimism, insists altcoins will follow Ethereum’s lead and reach all-time highs. Or, as he might say, “new highs for everyone, assuming you ignore the last bear market.”
Breaking: Strategy Snaps Up $1.6 Billion Worth of Bitcoin (BTC)
#ETH
This move is just getting started!
The Altseason will continue. Crypto will hit ATHs.
Patience!
– Henrik Zeberg (@HenrikZeberg) March 16, 2026
The chart, now gracing Coinbase like a Picasso of price action, shows sustained buying pressure. Zeberg, ever the optimist, claims this is the start of an “extended altseason” where crypto hits ATHs. Presumably, this will happen just in time for the next inevitable crash. Coincidence? Probably not.
Currently, Ethereum is trading at $2,274 per coin. Which is either a bargain or a trap, depending on whether you believe in the RSI or your ability to predict the future. Spoiler: you can’t.
Ethereum Signals End of Downtrend (Or Just a Temporary Pause)
Crypto analyst Ali Martinez, who once predicted the moon would be mined for ether, has also noted Ethereum’s breakout. In a recent X post, he claimed Ethereum has “signaled the end of the downtrend.” For context, this is the first time since September the SuperTrend indicator has flipped from sell to buy. Last time it did this, Ethereum surged 52% and 174%. Or, as Martinez might call it, “the universe whispering, ‘you’re doing it right.’”
Ethereum $ETH just signaled the end of the downtrend!
For the first time since September, the SuperTrend indicator has flipped from Sell to Buy. In the last two instances, it led to moves of 52% and 174%.
What’s happening under the hood:
• The Breakout: We finally reclaimed…
– Ali Charts (@alicharts) March 16, 2026
Martinez explains that Ethereum reclaimed $2,200 support after a 39% drop. Over three weeks, ETFs bought 83,000 ETH ($193 million). He suggests watching $2,400 and $2,600. Or, as he might also suggest, “ignore everything and buy a lottery ticket.”
Institutions and whales are accumulating ETH. Erik Voorhees, a man who once sold ShapeShift for a bag of chips (rumor has it), and the Ethereum Foundation are staking. Meanwhile, 336,000 ETH has been withdrawn from exchanges. Because nothing says “confidence” like moving your crypto and hoping the rug isn’t pulled tomorrow.
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2026-03-16 16:09