$ETH
📉 Price & Market Snapshot (11 Feb 2026)
• Current price: ~ $1,940–$2,020 and dropping.
• ETH has broken below key support near $1,960 — that means bearish momentum is real.
• Market sentiment is weak, with “Extreme Fear” dominating — not a healthy buying environment.
📊 Technical Reality Check
Structure: Lower highs + lower lows = ongoing downtrend — bulls are losing control.
RSI + MACD suggest the bounce attempts lack strength, not reversal signals.
Key support zones ($2,000 / $1,920 / $1,840) are being tested — losing them opens deeper downside.
📉 Bulls vs Bears
Bear case (more likely short-term):
Continued sell pressure if ETH stays below $2,100–$2,200 range.
Break below psychological $2,000 invites stop hunts and traps weak holders.
Bull case (minimal until proven):
Needs clean reclaim and close above $2,140–$2,200 with volume.
That alone doesn’t guarantee breakout — momentum has been dead for weeks.
📍 Levels that matter (real, actionable)
Support:
$1,920–$1,900
$1,840–$1,800 (major psychological last stand)
Resistance (where shorts will feel pain):
$2,094–$2,140
$2,200+
🧠 Bottom Line (no BS)
ETH is not stabilizing — it’s struggling to hold support and momentum is with sellers. Price action is bearish until $2,200+ breaks and holds. If $1,900 fails, deeper downside is not just possible — it’s probable.
Bullish reversal? Only real if price convincingly flips above resistance with volume and structure change — not just random green candles.