2026-02-08 19:17:07

Looks like $ETH ‌ is finally trying to wake up, but don’t let that green candle fool you just yet.

We just tapped that 2,145 level and got a pretty sharp rejection.

If you look at the recent price action, we’ve been carving out a decent recovery since bottoming near 2,032, but the volume isn't exactly screaming "breakout" just yet.

Right now, we are sitting in a bit of a no-man's land. I’m watching the 2,080 area closely to see if it flips into solid support. If we hold there, we might actually have the legs to push past the recent high.

If not, expect a slow bleed back to the psychological 2,000 mark.

The order book is looking a bit heavy on the ask side, so I wouldn’t be surprised if we chop around here for a while to trap some early longs.

Patience is the play for now.

#BuyTheDipOrWaitNow?

ETH0,11%

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