The post ETH Consolidates After Sell-Off, But Bears Still Control the Trend appeared on BitcoinEthereumNews.com.

ETH remains under pressure, consolidating near $2,050 with limited short-term upside. Bears dominate momentum as price stalls below $2,150 and corrective rallies fade. Deleveraging eases liquidation risk, while spot flows show cautious holding, not buying. Ethereum’s short-term outlook remains fragile as traders weigh technical pressure against improving on-chain balance. On the 4-hour chart, ETH continues to respect a downward structure after a steep decline from the $3,400 region. Price now trades near $2,050, where participants appear cautious rather than confident.  Recent market behavior suggests consolidation, not recovery, as sellers continue to defend overhead levels. Consequently, analysts see limited upside unless ETH proves strength above nearby resistance zones. Short-Term Structure Keeps Bears in Control Ethereum’s 4-hour structure shows a controlled downtrend with price holding below key channel bands. The rebound from the $1,860 low lacks strong follow-through and resembles a corrective move.  Moreover, ETH continues to stall below the mid-channel zone, which signals weak demand during rallies. This behavior suggests traders still sell into strength rather than chase breakouts. Hence, the broader structure favors sellers while price remains capped under $2,150. Ethereum Price Dynamics (Source: Trading View) Resistance levels remain well defined and technically important. The $2,135 to $2,150 area continues to act as an immediate rejection zone. Additionally, the 0.382 Fibonacci level near $2,377 marks the first meaningful barrier for momentum improvement.  Above that, $2,573 aligns with the 0.5 retracement and previous supply. Significantly, the 0.618 retracement near $2,768 remains the key level bears must lose to shift control. Related: Bitcoin Price Prediction: BTC Trapped in Correction Despite Dip Buying Signs On the downside, ETH holds short-term support between $2,000 and $2,020. This zone carries psychological importance and intraday relevance. A failure here could expose the recent swing low near $1,863.  Moreover, $1,740 stands as the final major demand zone…

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Filed under: News - @ February 9, 2026 4:22 pm