Is $1,890 the next target if $2,112 breaks?

Yes. A decisive close below $2,112 would likely invite momentum sellers, making $1,890 the next logical support to test. Watch for weak retests of $2,112 to hold as resistance. If $1,890 fails, the next psychological area is around $1,800, where buyers could try again.

What would invalidate the current ETH bearish trend?

First, price needs to reclaim $2,300 and close above $2,357.76. Next, a daily close above $2,500 would weaken lower highs. A push toward the 50 day average near $2,965, with rising lows, would more clearly flip the trend from defense to constructive.

How should DE investors handle USD charts with EUR accounts?

Plan levels in USD since most global liquidity trades that way, but track EURUSD because FX can change your realized return. Consider hedging if available, or include a small buffer in stops and targets. Always size positions so combined crypto volatility and FX swings fit your risk.

Are model forecasts reliable for trading decisions?

Treat forecasts as context, not a signal. Models show $2,536 one month and $2,787 next quarter, but price is still below major averages. Combine levels, momentum, and volume with risk rules. If the setup is not clear, wait for confirmations around $2,112, $1,890, and $2,357.76.

Global Market Insights

ETHUSD Today, February 06: Bearish Setup Eyes $1,890 Support

ByDanny Kontos February 6, 2026February 6, 2026

The Ethereum price remains under pressure today as ETHUSD hovers near $2,230 after a $2,108 intraday low. Price trades well below the 50 and 200 day averages, keeping sellers in control. A clean break under $2,112 could open $1,890 next. For investors in Germany, chart levels are quoted in USD while accounts settle in EUR, so FX can affect returns. We outline levels, momentum, and clear scenarios for February 06 to help plan entries and risk.