Why is Ethereum USD down 31.36% this month?

ETHUSD declined 31.36% in January-February 2026 due to macro headwinds, including Federal Reserve policy uncertainty and broader crypto market weakness. Institutional liquidations and reduced trading volume amplified the selloff. Recent news shows value investors accumulating during weakness, suggesting some believe current prices offer opportunity.

What is the ETHUSD price target for 2026?

The yearly forecast for ETHUSD stands at $3,118.61, representing 48.9% upside from February 9 levels. This assumes regulatory clarity improves and institutional adoption accelerates. Monthly targets show $1,542.36 downside risk, while quarterly forecasts suggest $2,571.46 recovery potential if sentiment shifts.

Is Ethereum USD overbought or oversold right now?

ETHUSD shows neutral conditions with RSI at 49.07, neither overbought (>70) nor oversold (

What support levels matter for ETHUSD traders?

Key support sits at $2,006.88 (today's low), $1,971 (psychological), and $2,771.08 (Bollinger lower band). Resistance forms at $2,146.76 (day high), $2,200 (psychological), and $2,893.95 (50-day moving average). Breaking below $2,006 would signal weakness toward $2,771.

Why is ETHUSD trading volume below average?

Volume at 591.9 million sits 23% below the 768.2 million average, indicating reduced participation and consolidation. Lower volume on recovery attempts suggests weak conviction among buyers. Policy uncertainty and macro headwinds likely keep traders cautious until regulatory clarity emerges.

Crypto Insights

Ethereum USD Recovers to $2,094 as 1.37% Daily Gain Tests Resistance

ByHuzaifa Zahoor February 10, 2026February 10, 2026

Ethereum USD (ETHUSD) recovered to $2,094.73 on February 9, 2026, posting a modest 1.37% daily gain after recent weakness. The second-largest cryptocurrency by market cap is testing intraday resistance at $2,146.76 while maintaining support above $2,006.88. Market data shows trading volume at 591.9 million, slightly below the 768.2 million average, suggesting cautious positioning ahead of potential policy announcements. Technical indicators reveal mixed signals as ETHUSD attempts to stabilize after a 31.36% monthly decline. We examine the current price action, technical setup, and what levels matter most for Ethereum USD traders and holders.