summary of indicators

🔎 Technical analysis ETHUSDT (February 2026)

Short-term trends

  • Current price: around 2238 USDT (as of February 2, 2026).

  • Bollinger Bands: break below the median band, approaching the lower band → strong bearish pressure.

  • MACD: negative histogram (-10.88), dif and dea lines declining → confirmed bearish momentum.

  • RSI: RSI6 at 25 and RSI14 at 39 → oversold zone, possible signal of technical rebound.

Medium-term trends

  • Recent performance: ETH lost 7% in January 2026, contrasting with its historical trend (+32% on average in January).

  • February history: median gains of +15% since 2016. But in 2025, a similar setup had led to a drop of 32–37%.

  • CME futures: constructive technical structure with a breakout of a descending wedge and key support around 2800 USDT.

🎯 Conclusion

Ethereum is currently under pressure with a dominant bearish bias confirmed by MACD and Bollinger. Nevertheless, oversold conditions and favorable seasonality in February open the door to a technical rebound. Traders should monitor:

  • Immediate support: 2130–2170 USDT.

  • Key resistance: 2400–2500 USDT.

  • Pivot zone: 2800 USDT (CME futures).

👉 Suggested strategy: caution in the short term, but swing trade opportunity if ETH confirms a rebound above 2300 USDT.

$ETH ;$BNB ;$BTC

#Binance , #Crypto #cryptocurreny #ETH #ADPDataDisappoints

ETH
ETHUSDT
1,950.84
-1.11%