Why is ETHUSD dropping today?

ETHUSD declined 4.35% due to bearish MACD signals, reduced trading volume, and broader crypto market weakness as AI investments attract capital away from digital assets. Support at $2,006.88 faces pressure from negative OBV readings indicating seller dominance.

What is the ETHUSD quarterly price target?

The quarterly forecast for ETHUSD sits at $2,571.46, representing a 22.2% recovery from current levels. This target requires reversal of bearish momentum and renewed buying interest over the next three months.

Is ETHUSD oversold or overbought?

ETHUSD's RSI at 49.07 indicates neutral conditions—neither oversold below 30 nor overbought above 70. This suggests the market lacks strong directional conviction despite the recent price decline.

What support levels matter for ETHUSD?

Critical support sits at $2,006.88 (today's low), followed by $1,900 and the monthly target of $1,542.36. Breaking $2,006.88 could trigger accelerated selling toward lower levels.

Can ETHUSD recover to $3,000?

Recovery to $3,000 would require breaking above the 50-day average at $2,876 and overcoming bearish MACD signals. The yearly forecast of $3,118.61 suggests this is possible by February 2027 if market conditions stabilize.

Crypto Insights

Ethereum USD Drops 4.35% Daily—Can $2,571 Quarterly Target Recover From Bearish MACD?

ByDanny Kontos February 11, 2026February 11, 2026

Ethereum USD (ETHUSD) is trading at $2,103.83 as of February 10, 2026, down 4.35% over the past day. The second-largest cryptocurrency faces mounting pressure as bearish technical signals emerge across multiple indicators. Market data shows ETHUSD has declined 34.72% over the past month, testing critical support levels near $2,006.88. Traders are closely watching whether the quarterly price target of $2,571.46 remains achievable given current momentum weakness. Understanding the technical landscape and market sentiment becomes essential for anyone tracking ETHUSD price movements during this volatile period.