Current price & trend
$ETH recently traded around $2,300–$2,400 range after a sharp correction. �
CoinCodex
Over the past month and quarter, the trend has been bearish, with losses across short- and medium-term timeframes. �
CoinCodex
Reports indicate ETH fell sharply in recent days and even dipped below $2,000 briefly during a broader crypto sell-off. �
TMGM
📉 Why Ethereum dropped
Key factors driving the recent decline:
Broad crypto market sell-off and risk-off sentiment. �
Finance Magnates
Heavy liquidations in futures markets and macro pressure from higher interest rates. �
Tapbit Exchange
Weak momentum and negative capital flows limiting recovery attempts. �
Bitget
📊 Technical levels to watch
Support zones
~$2,200–$2,000 psychological area is critical. �
Blockchain News
Lower supports: ~$2,525 and ~$2,629 (short-term technical). �
Blockchain News
Resistance zones
~$2,800–$3,000 key recovery barrier. �
CoinDCX
Break above ~$2,900–$3,060 could trigger bullish momentum. �
Blockchain News
🔮 Short-term outlook (Feb–Mar 2026)
Bullish scenario
Analysts see potential rebound toward $3,200–$3,400 if resistance breaks. �
Blockchain News
Some forecasts expect a move toward ~$2,685 in the near term after stabilization. �
CoinCodex
Bearish scenario
Continued deleveraging could push ETH toward $1,500 region if selling pressure persists. �
CryptoPotato
🧠 Market sentiment
ETH is at a “make-or-break” phase after the recent crash, with volatility high and direction uncertain. �
TMGM
Long-term forecasts remain optimistic, with institutional demand and macro cycles still cited as future catalysts. �
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