$ETH

๐ Price & Market Snapshot (11 Feb 2026)
โข Current price: ~ $1,940โ$2,020 and dropping.
โข ETH has broken below key support near $1,960 โ that means bearish momentum is real.
โข Market sentiment is weak, with โExtreme Fearโ dominating โ not a healthy buying environment.
๐ Technical Reality Check
Structure: Lower highs + lower lows = ongoing downtrend โ 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 โ losing them opens deeper downside.
๐ Bulls vs Bears
Bear case (more likely short-term):
Continued sell pressure if ETH stays below $2,100โ$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 $2,140โ$2,200 with volume.
That alone doesnโt guarantee breakout โ momentum has been dead for weeks.
๐ Levels that matter (real, actionable)
Support:
$1,920โ$1,900
$1,840โ$1,800 (major psychological last stand)
Resistance (where shorts will feel pain):
$2,094โ$2,140
$2,200+
๐ง Bottom Line (no BS)
ETH is not stabilizing โ itโs 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 โ itโs probable.
Bullish reversal? Only real if price convincingly flips above resistance with volume and structure change โ not just random green candles.