$ETH Bearish Pressure Building — Is the Floor About to Snap?
Ethereum ($ETH ) is currently at a critical crossroads. After failing to reclaim the $2,000 psychological level, price action is heavily weighted to the downside. As of late February 2026, the 4H and Daily charts show a consistent pattern of Lower Highs, with the $1,985–$2,000 zone now acting as a formidable ceiling.
📊 Technical Breakdown:
Momentum Drain: The RSI (14) is currently hovering in the low 40s, indicating that bearish control is firming up. The MACD has flattened near the zero line, suggesting that a high-volatility "expansion move" to the downside is imminent.
The "Triangle" Trap: ETH is currently trading within a large Descending Triangle. A sustained break and daily close below the $1,940–$1,950 support shelf would likely trigger a cascade of liquidations.
Sentiment: The Fear & Greed Index is sitting in Extreme Fear (14). While some look for a bounce, the "Smart Money" is currently fading rallies into the $2,050 resistance.
📉 THE TRADE SETUP (SHORT)
Entry Zone: $1,950 – $2,050 (Selling into resistance/breakdown)
Stop Loss (SL): $2,180 (Invalidation above the recent local swing high)
🎯 TAKE PROFIT TARGETS:
TP1: $1,820 (Major psychological support)
TP2: $1,700 (Structural liquidity pool)
TP3: $1,580 (2025 retrace anchor)
TP4: $1,420 (Macro capitulation target)
🔥 Pro-Trader Insight: ETH is currently showing "Relative Weakness" compared to Bitcoin. While $BTC holds its range, ETH is leaking value. If $BTC loses its $66,000 support, expect ETH to lead the market lower toward TP2 and TP3 very rapidly. Keep leverage controlled—5x to 10x max—as volatility in the $1,900 range can be sharp.
Will ETH find a "save haven" bounce at $1,800, or are we destined for a mid-summer retest of $1,400? Let’s hear your take! 👇
Trade $ETH Now
