Crypto Market Review: Did Ethereum Just Prove $2,000 as Its New Bottom? Bitcoin’s Trading Range is Squeezing, XRP Risks a Long-Term Stagnation
The post Crypto Market Review: Did Ethereum Just Prove $2,000 as Its New Bottom? Bitcoin’s Trading Range is Squeezing, XRP Risks a Long-Term Stagnation appeared on BitcoinEthereumNews.com.
After a correction that wiped out months worth of previous gains, Ethereum is now trying to stabilize around the psychologically significant $2,000 level. ETH quickly dropped toward the low-$2,000 range after a sharp breakdown below the $2,700 support zone earlier this month, which led to significant liquidations and panic-driven selling. Ethereum is shallow The question as to whether Ethereum has finally found a floor is now raised by price action that appears to be temporarily exhausted. Ethereum is consolidating just below the $2,000 mark, and recent candles indicate that volatility is cooling. The selling pressure that dominated February’s first half has subsided, and price movement has shrunk to a small range. This frequently marks the beginning of a market pause, in which buyers and sellers contemplate their options before deciding on a new course of action. ETH/USDT Chart by TradingView Technical conditions are still precarious, though. On a daily basis, Ethereum continues to trade below important moving averages, including the medium- and long-term trend lines that currently serve as overhead resistance. Although they have not yet verified a long-term trend change, momentum indicators are currently rebounding from oversold territory. Crypto Market Review: Did Ethereum Just Prove $2,000 as Its New Bottom? Bitcoin’s Trading Range is Squeezing, XRP Risks a Long-Term Stagnation U.Today Crypto Digest: Ripple CTO Emeritus Calls Out Logan Paul, Dogecoin Hits 12,928% Liquidation Imbalance, XRP Burn Rate Falls 75% It is important to note that what has formed thus far does not resemble a structurally strong base, but rather a temporary support. Not enough testing has been done on the current consolidation zone to verify long-term buyer demand, and volume patterns do not yet indicate clear accumulation. That is, even though ETH might not collapse right away, the support system is still flimsy. Ethereum going into a hibernation…
Filed under: News - @ February 19, 2026 6:31 am