The Ethereum Foundation called 2025 one of its “most productive years,” highlighting two major network upgrades and the gas limit significantly increasing.
An inaugural event by the Trump family’s crypto platform saw crypto and finance executives flying to Florida to rub shoulders with regulators and members of Congress.
Arizona moved closer this week to setting up a public reserve of cryptocurrency after lawmakers pushed a bill forward that names XRP among the tokens that could be held. Related Reading: What Bitcoin Rout? Michael Saylor Unfazed, Teases New Accumulation The push came after a committee vote that cleared one of the early hurdles for Senate Bill SB1649, and the mention of XRP has already drawn attention from traders and public officials who track crypto policy. Committee Vote Moves Bill Forward According to reports, the measure won a 4–2 vote on February 16 and now heads toward the next steps in the chamber where it started. The vote came in a session run by the Arizona Senate Finance Committee, which backed language allowing the state treasurer to hold, custody, and invest digital assets that end up in state hands. Reports note the measure would cover coins seized in law enforcement actions or surrendered to the state, and it would authorize modern custody options and regulated exchange-traded vehicles for safekeeping. What The Fund Would Hold The plan is straightforward on paper: create a fund, transfer qualifying assets into a managed reserve, and let officials use advanced custody tools to manage risk. Reports say XRP is on the list of eligible assets. That inclusion puts a spotlight on a token that has faced regulatory uncertainty in the past but also has a vocal group of supporters who argue it has a use case in cross-border payments. Some people see the move as a step toward routine public-sector dealings with cryptocurrencies; other observers warn it could raise legal, accounting, and operational questions that are not yet fully answered. Market And Policy Reactions Traders reacted with a mix of caution and optimism. A handful of market watchers noted that any state-level acceptance of a specific token can nudge sentiment, even if the actual impact on supply and demand is limited. Legal experts will likely scrutinize the bill’s text closely if it advances, especially around custody rules and how the fund values and reports holdings. There are also practical matters: who will audit these assets, how will they be insured, and what governance rules will guide when and how the fund can buy, sell, or hold tokens. Related Reading: Bitcoin Falls, But Robert Kiyosaki Says He’s ‘Excited’ And Buys More XRP Price Action At the time of writing, XRP was trading at $1.46, up 0.7% and 6.7% in the daily and weekly frames. Featured image from Gemini, chart from TradingView
Geopolitical tensions lift the U.S. dollar and crude prices, adding pressure to an already fragile crypto market.
Fed policymakers said easing may not be warranted until there is a clear indication that the progress of disinflation is firmly back on track.
A new UNESCO report projects steep revenue losses for music and screen creators as lawyers say the fair use doctrine is buckling under AI’s scale.
Goldman Sachs CEO David Solomon has said that he personally owns a small amount of Bitcoin. Speaking at the World Liberty Forum, he shared that he holds “very little, but some,” and described himself as more of an observer than an active crypto trader. This is notable because Solomon has previously been cautious about cryptocurrencies. …
The exchange is widening access to its Morpho-powered lending product after a wave of liquidations earlier this month, giving holders of major retail tokens a way to borrow USDC without selling.
Solana failed to stay above $86 and corrected gains. SOL price is now below $84 and remains at risk of more losses below $80. SOL price started a downside correction below $86 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $80 zone. Solana Price Dips Further Solana price failed to stay above $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $88 and $86 to enter a short-term bearish zone. There was a move below the 61.8% Fib retracement level of the upward wave from the $76.55 swing low to the $91.20 high. The price even tested the $80 support. Besides, there is a bearish trend line forming with resistance at $84 on the hourly chart of the SOL/USD pair. Solana is now trading below $84 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $83 level. The next major resistance is near the $84 level. The main resistance could be $85.60. A successful close above the $85.60 resistance zone could set the pace for another steady increase. The next key resistance is $88. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $85 resistance, it could start another decline. Initial support on the downside is near the $80 zone and the 76.4% Fib retracement level of the upward wave from the $76.55 swing low to the $91.20 high. The first major support is near the $79 level. A break below the $79 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 support, the price could decline toward the $72 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $80 and $79. Major Resistance Levels – $85 and $88.
Bitcoin investors hoping for a familiar macro rescue may be reading the room wrong. In an interview with Coin Stories host Nathalie Brunell, macro analyst Lyn Alden argued that the next policy turn is more likely to resemble a slow balance-sheet creep than the kind of “nuclear print” that has historically juiced risk assets, leaving bitcoin to compete largely on its own fundamentals and narrative pull. Alden framed the current cycle as unusually underwhelming, not just in price terms but in participation. She noted that sentiment “is worse than 2022,” and attributed the malaise to a missing retail bid, a lack of “alt season,” and a broader crypto market that “kind of run out of narratives.” Bitcoin, she said, topped out at $126,000, below her own bar for a satisfying cycle. “Sometimes they give their time frames so we can just see if it hits that time frame or not,” Alden said, pushing back on the reflexive call that every drawdown forces the Fed’s hand. “Every kind of down tick in stocks or every kind of down tick they say well the […] we’re going to have to print soon. But really the Fed only cares mainly about the liquidity of the treasury market and the interbank lending market […] even stocks going down 10, 20, 30% is not really going to be a catalyst.” Related Reading: Is Jane Street Manipulating Bitcoin? The Viral Theory Explained Brunell pointed to comments she said came from Fed Chair Jerome Powell about “slowly” expanding the balance sheet, with purchases starting around $40 billion in short-end Treasury bills, far from the trillions some bitcoin bulls anchor on. Alden’s response was blunt: the plumbing doesn’t demand a shock-and-awe response right now. “Mainly because the conditions are not such that they would need a big print in the near future,” she said. “There are scenarios that can absolutely result in a big print or a nuclear print […] but when you kind of run the numbers of how much debt is coming out, how levered or unlevered banks are, they just don’t really need a lot of printing. A little printing gets them a long way.” In Alden’s telling, QE1-scale interventions were tied to a very specific setup: an overlevered banking system with low cash ratios and acute private-sector balance sheet stress. Today, she argued, bank cash ratios are “still pretty high,” and absent a COVID-scale disruption or an escalation in war or “financial war”, the base case is incrementalism. Bitcoin Still Has To Win Attention That matters because, in Alden’s framework, gradual balance-sheet expansion is supportive but not decisive for bitcoin. The era where “micro doesn’t matter at all” is reserved for true emergency stimulus and she doesn’t see that as the near-term setup. “Not a ton, I think,” Alden said when asked what gradual QE means for bitcoin. “It’s supportive […] but Bitcoin still has to compete on its own merits for investor attention. So, you know, basically it has to compete with Nvidia […] with everything out there that people can own.” Related Reading: Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now She tied the muted cycle to “mediocre” topline demand and a capital-market landscape where AI-linked equities and even precious metals have offered competition for mindshare. Sovereigns “didn’t really show up,” she said, and retail largely stayed sidelined, leaving “the corporate institutional side” and higher-net-worth brokerage buyers, aided by ETFs, as the main marginal bid. Alden also downplayed the idea that derivatives and ETFs are the chief culprit behind a capped upside, even if they can “inflate” synthetic supply for a time. The bigger issue, she argued, is simply that the demand impulse hasn’t been strong enough to overwhelm a now-larger, more liquid market. Looking forward, Alden expects bottoms to form as “fast money gets out” and coins rotate to “strongly held hands,” with price more likely to grind than V-recover. On the upside, she pointed to a potential setup where AI trades eventually peak, bitcoin sits “cheap for a while” in tight hands, and only “a marginal amount of new demand” is needed to restart reflexivity, possibly alongside continued buying from bitcoin treasury companies. For now, her core warning is that this cycle may not be saved by policy theatrics. If bitcoin is going to reassert itself, Alden suggested, it will be less about waiting for a macro bailout and more about whether enough investors still want “self-custodial […] undebasable savings,” even when other assets are stealing the spotlight. At press time, Bitcoin traded at $67,556. Featured image created with DALL.E, chart from TradingView.com
Recent trading shows bitcoin staging short-lived rallies that quickly fade amid a stronger dollar, hawkish Fed signals and persistent selling pressure.
Odds of the US CLARITY Act passing in 2026 briefly spiked to 90% on Polymarket amid optimistic comments from US Senator Bernie Moreno.
Researchers said Kalshi’s “rich intraday dynamics” enable it to measure expectations in real-time when major financial events and announcements are made.
XRP price extended losses and traded below $1.4320. The price is now consolidating losses but faces hurdles near $1.4750 and $1.50. XRP price started another decline and traded below the $1.450 zone. The price is now trading below $1.450 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1.480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.50. XRP Price Extends Decline XRP price failed to stay above $1.480 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4650 and $1.450 to enter a short-term bearish zone. The price even extended losses below $1.4320. A low was formed at $1.4102, and the price is now consolidating losses. There was a minor upward move toward the 23.6% Fib retracement level of the downward move from the $1.5119 swing high to the $1.4102 low. The price is now trading below $1.450 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.450 level. The first major resistance is near the $1.4620 level or the 50% Fib retracement level of the downward move from the $1.5119 swing high to the $1.4102 low. The main resistance could be $1.480. There is also a declining channel forming with resistance at $1.480 on the hourly chart of the XRP/USD pair. A close above $1.480 could send the price to $1.50. The next hurdle sits at $1.5250. A clear move above the $1.5250 resistance might send the price toward the $1.550 resistance. Any more gains might send the price toward the $1.5880 resistance. The next major hurdle for the bulls might be near $1.60. More Losses? If XRP fails to clear the $1.480 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.4165 level. The next major support is near the $1.410 level. If there is a downside break and a close below the $1.410 level, the price might continue to decline toward $1.40. The next major support sits near the $1.3850 zone, below which the price could continue lower toward $1.350. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.4165 and $1.4100. Major Resistance Levels – $1.4500 and $1.4800.
Investors are focused less on the accuracy of Trump’s trade figures and more on how renewed tariff talk could mean higher-for-longer interest rates.
Selling pressure across altcoins has continued to build, with net outflows now matching levels last seen in 2021
Ethereum is attempting to push back above the $2,000 level as the broader crypto market navigates persistent uncertainty and ongoing selling pressure. Recent price action reflects a fragile recovery effort rather than a confirmed trend reversal, with volatility remaining elevated and traders cautious after months of corrective momentum. The $2,000 threshold has become a key psychological and technical battleground, shaping short-term sentiment as investors evaluate liquidity conditions, macro signals, and derivatives positioning. Related Reading: Is Bitcoin Supply Moving To Strong Hands? Whale Data Suggest Structural Shift A recent CryptoQuant analysis offers additional insight into evolving market dynamics, particularly within Ethereum’s derivatives landscape. Data tracking the Estimated Leverage Ratio on Binance shows a clear shift in trader behavior. The indicator recently dropped to around 0.557, marking its lowest reading since last December. This decline follows a period of heightened leverage, when the ratio peaked near 0.675, reflecting a more aggressive risk environment earlier in the cycle. The reduction in leverage suggests traders are scaling back risk exposure, closing highly leveraged positions, or moving toward more conservative strategies. Such transitions often occur during consolidation phases, when markets attempt to stabilize after volatility spikes. Declining Leverage Points To Potential Market Stabilization The analyst further notes that the recent decline in Ethereum’s estimated leverage ratio reflects a broader reduction in speculative risk across the derivatives market. Lower leverage typically indicates that traders are trimming highly leveraged positions or closing them altogether, shifting toward more conservative exposure. Historically, such deleveraging phases have often preceded the formation of new price bases, as market participants prioritize capital preservation over short-term speculative gains. The drop from roughly 0.675 to around 0.557 is therefore not simply a minor technical fluctuation. Instead, it signals a meaningful shift in market sentiment. Periods characterized by elevated leverage tend to amplify volatility and increase the probability of abrupt liquidations. Conversely, declining leverage generally corresponds with calmer market conditions, where price movements are less driven by forced liquidations and more by underlying demand dynamics. From a medium-term perspective, this transition may be constructive. Reduced leverage can create a healthier foundation for price discovery, particularly if accompanied by strengthening spot demand. In this context, the combination of lower leverage readings and relatively stable price action suggests the market could be undergoing a consolidation or repositioning phase. Such environments often precede more decisive directional moves once liquidity and sentiment conditions align. Related Reading: Bitcoin Miners Pull 36K BTC From Exchanges In Weeks: What Comes Next? Ethereum Price Remains Under Pressure Below Key Averages Ethereum continues to trade near the $2,000 level after a sharp corrective move that followed its late-2025 highs. The chart shows a clear bearish structure, with price consistently printing lower highs since the October peak while failing to sustain recoveries above key moving averages. Recent attempts to stabilize have produced only shallow rebounds, indicating persistent selling pressure and cautious market positioning. Notably, ETH remains below its short-, medium-, and long-term moving averages, which are all trending downward. This alignment typically reflects sustained bearish momentum and suggests that rallies may continue to face resistance unless the price can reclaim these levels decisively. The 200-day moving average, currently well above spot price, stands out as a major structural resistance zone. Related Reading: Ethereum Whale Losses Mirror Past Bottoms: Accumulation Continues Despite Pressure Volume data also provides context. The most recent sell-off was accompanied by a noticeable spike in trading activity, often associated with liquidation events or accelerated distribution. Since then, volume has moderated, consistent with a consolidation phase rather than an immediate reversal. From a technical perspective, the $1,900–$2,000 range now acts as a short-term stabilization zone. However, failure to hold this area could expose lower support levels, while a sustained break above nearby resistance would be needed to signal improving momentum. Featured image from ChatGPT, chart from TradingView.com
Senator Elizabeth Warren said it was “deeply unclear” if the US government has plans to intervene in the current Bitcoin selloff.
The Aptos Foundation will propose a 2.1 billion token hard cap, short-term staking reward reductions, and a 10x gas fee increase.
Research is casting prediction markets as policy-relevant forecasting tools just as state regulators escalate efforts to curtail their use.
The Trump-affiliated token rose on news that a $3.5 trillion asset servicer will pilot USD1, while BTC and ETH continue to trade near multi-week lows.
Ethereum price found support near $1,922 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,000. Ethereum is attempting a fresh recovery wave above $1,960. The price is trading below $1,985 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Revisits Support Ethereum price failed to stay above $2,000 and started a fresh decline, like Bitcoin. ETH price traded below the $1,960 and $1,950 levels to enter a bearish zone. Finally, the bulls appeared near $1,920. A low was formed at $1,922, and the price started a recovery wave. There was a move above the $1,950 resistance. The price surpassed the 38.2% Fib retracement level of the downward move from the $2,038 swing high to the $1,922 low. Ethereum price is now trading below $1,980 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,925, the price could attempt another increase. Immediate resistance is seen near the $1,980 level. The first key resistance is near the $2,000 level or the 61.8% Fib retracement level of the downward move from the $2,038 swing high to the $1,922 low. There is also a bearish trend line forming with resistance at $2,000 on the hourly chart of ETH/USD. The next major resistance is near the $2,020 level. A clear move above the $2,020 resistance might send the price toward the $2,050 resistance. An upside break above the $2,050 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,000 resistance, it could start a fresh decline. Initial support on the downside is near the $1,935 level. The first major support sits near the $1,925 zone. A clear move below the $1,925 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,840 region. The main support could be $1,820. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 zone. Major Support Level – $1,920 Major Resistance Level – $2,000
Bitcoin sits on edge again, trading below the critical $68,000 level after a volatile stretch that erased around 28% from its price in about a month. Prices are swinging hard, and that swing has pushed smart-money talk and wild bets into the same room. Related Reading: Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst Experts Offer Starkly Different Paths According to some investors, a deep bargain is forming. Andrew Parish, a serial entrepreneur and outspoken Bitcoin proponent, argues that mood matters — when retail traders turn gloomy, big buyers can step in and lift markets fast. He put a bold target on the table: $500,000 within a few years if flows and sentiment flip. Ric Edelman, a veteran investor, has a similar headline number but with a slower clock; his math rests on broad wealth moving a tiny slice into crypto over time. Both views hinge on steady inflows and more investors taking small positions in crypto. GM. Bitcoin sub $70K is a gift. Buy more. In three years $BTC will trade above $500K. — Andrew (@AP_Abacus) February 16, 2026 A Bear Case That Cuts Deep On the other side, the warning is loud and clear. Bloomberg macro strategist Mike McGlone has painted a much darker path, saying an 85% drop could be possible and that $10,000 should not be dismissed. Legendary Investor Ric Edelman: “I believe #bitcoin can reach $500,000 by 2030.” ???? pic.twitter.com/XNQFTbuA69 — Altcoin Daily (@AltcoinDaily) February 16, 2026 He points to stronger stock markets, lower market swings, and fading political tailwinds tied to US President Donald Trump as reasons capital might stay away from risky bets. Markets can be moved by big shifts in where money chooses to sit, and moments like this can put a damper on optimism quickly. Collapsing Bitcoin/Cryptos May Guide the Next Recession – “Healthy Correction” is what we should hear soon from stock market analysts (who risk unemployment if not onboard), following collapsing cryptos. The buy the dips mantra since 2008 may be over, here’s why: – US stock… pic.twitter.com/fPPc2fV3EU — Mike McGlone (@mikemcglone11) February 15, 2026 Flows And Sentiment Matter Reports note that exchange-traded funds saw heavy withdrawals recently. On-chain readings flagged hundreds of millions in outflows in a short window. A separate fear-and-greed meter cratered to very low readings, signaling panic among small traders. Those two facts together help explain why price fell so sharply; when many try to leave, price can slip faster than logic expects. That said, outflows can also clear the way for a different type of buyer to move in later. Related Reading: What Bitcoin Rout? Michael Saylor Unfazed, Teases New Accumulation On Institutional Behavior & Lofty Price Targets Meanwhile, institutional behavior will be the key variable. Large managers could buy when retail is jittery, and some market watchers point to companies that have built crypto desks as potential demand anchors. Despite the uncertainty, the $500,000 mark remains the headline grabber for bullish investors. Parish’s call captures attention because it ties sentiment swings to potential market moves, while Edelman’s projections underline how even modest allocations from global wealth could push Bitcoin higher over time. Featured image from Unsplash, chart from TradingView
Tron founder Justin Sun told the Hong Kong conference that crypto needs to prepare for AGI, while a Bitcoin analyst says quantum's threat needs to be priced in.
The Hyperliquid Policy Center says it will advocate on Capitol Hill for policies, particularly those related to perpetual derivatives and blockchain infrastructure.
Bitcoin price corrected gains and tested the $66,000 support. BTC is now consolidating losses and might decline further below the $65,500 zone. Bitcoin is struggling to recover losses and moving lower below $67,200. The price is trading below $67,200 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,000 and $65,500 levels. Bitcoin Price Dips Again Bitcoin price failed to remain stable above the $68,000 zone. BTC started a fresh decline and traded below the $67,500 support zone. There was a push below $67,000. The price dipped below the 76.4% Fib retracement level of the upward move from the $65,072 swing low to the $70,935 high. Finally, the price found some support near the $66,000 zone. It is now consolidating losses and there is a declining channel forming with resistance at $68,000 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $67,200 and the 100 hourly simple moving average. If the price remains stable above $66,000, it could attempt a fresh increase. Immediate resistance is near the $67,350 level. The first key resistance is near the $68,000 level. A close above the $68,000 resistance might send the price further higher. In the stated case, the price could rise and test the $68,800 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000 and $70,500. More Losses In BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could start another decline. Immediate support is near the $66,000 level or the 83.2% Fib retracement level of the upward move from the $65,072 swing low to the $70,935 high. The first major support is near the $65,500 level. The next support is now near the $65,000 zone. Any more losses might send the price toward the $64,200 support in the near term. The main support now sits at $63,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, followed by $65,000. Major Resistance Levels – $67,350 and $68,000.
Bitcoin’s sideways price action begins to narrow as a key trading metric hints that a decisive breakout is pending. Will bulls finally overcome the $70,000 resistance zone?
Tokenizing luxury real estate could revolutionize investment access, offering new opportunities in decentralized finance and asset liquidity.
The post World Liberty Financial plans to tokenize Trump Hotel in Maldives appeared first on Crypto Briefing.
Open source payment systems could revolutionize finance by integrating stablecoins and blockchain technology.
The post Raj Parekh: Open source payment systems will transform finance, stablecoin integration faces critical infrastructure gaps, and startups have unique opportunities in B2B payments | On The Brink with Castle Island appeared first on Crypto Briefing.
Ethereum (ETH) is back on the knife’s edge, and market analyst Crypto Patel has suggested that there may be no room left for optimism if the next key level gives way. According to the analyst, the Ethereum price is hovering at a critical decision point beneath $2,000 after recording multiple price declines. However, a breakdown below $1,800 could trigger a massive crash. Ethereum Records Multiple Failed Bullish Structures In an X post this Monday, Crypto Patel admitted that Ethereum had broken his heart twice, pointing to two failed bullish structures that have now reshaped its broader outlook. The first dagger, as the analyst calls it, came when a clean Bull Flag formation emerged, and price broke down from the $3,700 region. Related Reading: This Ethereum Hidden Bull Divergence Says Price Will Rise Over 100% To Break $4,900 ATH On the chart, that breakdown marked the end of a multi-month climb that had pushed the ETH price toward the $4,700 to $4,900 area in late summer 2025 before rolling over under a descending trendline that capped every rally attempt. The second dagger followed months later as an ascending triangle structure collapsed at the critical $3,000 support zone. What had looked like a tightening consolidation beneath horizontal resistance instead turned into a decisive breakdown. The former support zone around $3,100 to $3,500 flipped into resistance, marked by repeated rejection wicks and lower highs pressing against the descending purple trendline on the chart. Based on Crypto Patel’s analysis, that failure led to a sharp drop below $2,000. Consequently, Ethereum is now trading between $2,000 and $1,850, a range the analyst describes as the last buffer before a much deeper pullback. $1,800 Emerges As ETH’s Critical Support On the daily timeframe, Crypto Patel’s chart shows ETH recently printing around $1,982 after a sharp sell-off that sliced through its previous structure. Although the cryptocurrency has recovered slightly above $1,990, the previous decline had driven its price down from roughly $3,100 in early 2026 to sub-$2,000 levels in a matter of weeks. This left a visible imbalance zone between $2,400 and $2,600, which the analyst marks as a potential Fair Value Gap (FVG). Related Reading: Ethereum Price Is Not Going To Keep Falling Forever, Analyst Says For now, all attention is on $1,800. Crypto Patel has predicted that if Ethereum holds this critical support, a relief bounce toward $2,650 becomes the immediate upside target, likely filling part of that imbalance zone and retesting former breakdown areas. On the flip side, if $1,800 fails, a broader market panic may become justified. According to Crypto Patel, a decisive break below this support could open the path toward $1,300, marked by the lower green demand block on the chart. He has also labeled this region as strong support and the best accumulation zone, where buyers could step in aggressively. Featured image from iStock, chart from Tradingview.com