Ethereum Struggles to Rise above Its $2,000 Low

Ethereum (ETH) Current Statistics

The current price: $2,084.38
Market Capital: $250,931,818,116.58
Trading Volume: $37,484,266,540.56
Major supply zones: $4,500, $4,500, $5,000
Major demand zones: $3,500, $3,000, $2,500

Ethereum (ETH) Price Analysis February 7, 2026

Ethereum falls to $1,747 but struggles to rise above its $2,000 low. The cryptocurrency has risen above the psychological price threshold of $2,000 after dropping below it. Ether has slipped into the oversold zone, and selling pressure has reached bearish exhaustion. On the downside, Ether risks decline if the bears break below the $2000 support for the second time. The crypto price will return to the previous low of $1,747 and the bottom price of $1,539.

However, if the $2,000 support holds, Ether’s upward trend will resume. On the upside, the bullish momentum is likely to hit the moving average line resistance or the $3,000 high. Ether is currently valued at $2,086.

ETH Technical Indicators Reading:

The moving average lines are horizontal, but the 21-day SMA is below the 50-day SMA support, implying a fall. However, the moving average lines on the 4-hour chart are trending southward. The Doji candlesticks have developed as the cryptocurrency price rises above the $1,800 support.

Conclusion

The price of Ether is falling but struggles to rise above its $2,000 low. On the 4-hour chart, Ether’s price has retraced but found support above $1,800, and the altcoin is correcting upward. The upward corrective has surpassed the 21-day SMA barrier and the $2,000 high. However, price momentum has paused after rising above the $2,000 support level. The crypto signal is unfavorable, with the altcoin facing rejection at the $2,200 threshold.

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