Why is ETHUSD dropping in February 2026?

ETHUSD is dropping due to $242 million in ETH ETF outflows, reduced staking yields (2.9% vs. 3.5% Fed rate), and institutional capital rotation toward US Treasury bonds. Ethereum's 0.8% annual supply inflation and competitive pressure from alternative Layer 1 networks also weigh on sentiment.

What is the ETHUSD quarterly price forecast?

The quarterly forecast for Ethereum USD targets $2,571.46, representing a 22.9% gain from current levels. This assumes market sentiment stabilizes and macroeconomic conditions improve, though actual results depend on institutional demand returning and staking incentives becoming more competitive.

What are the key support and resistance levels for ETHUSD?

Critical support for ETHUSD sits at $2,041.04 (today's low) and $2,771.08 (Bollinger Band lower). Resistance emerges at $2,106.41 (today's high) and $2,815.83 (50-day moving average). A break below $2,041 could trigger further downside toward $1,744 lows.

Is Ethereum's technical setup bullish or bearish?

ETHUSD shows mixed technicals: RSI at 49.07 is neutral, MACD is approaching a bullish crossover, but ADX at 24.43 indicates weak trend strength. The setup suggests stabilization rather than strong directional conviction in either direction.

What does the ETH options market reveal about trader sentiment?

The ETH options delta skew at 10% shows put options trading at a premium, indicating traders expect further downside. This bearish signal has persisted above 6% for two weeks, consistent with a six-month bear market where ETHUSD trades 58% below all-time highs.

Crypto Insights

Ethereum USD Drops 38% Monthly—Will $2,571 Quarterly Target Reverse the Decline?

ByDanny Kontos February 15, 2026February 15, 2026

Ethereum USD (ETHUSD) is experiencing significant pressure as the cryptocurrency trades at $2,092.53 on February 14, 2026, down 38.15% over the past month. The decline reflects broader institutional hesitation, with spot ETH ETFs recording $242 million in outflows despite Ethereum maintaining its position as the leading smart contract platform. Understanding why ETHUSD is dropping requires examining both macroeconomic headwinds and on-chain metrics that suggest further volatility ahead. Market data shows the recent weakness stems from cooling institutional demand and reduced staking incentives, making this a critical moment for traders monitoring support levels and recovery potential.