#Ethereum (ETH) Price News & Insights Today 6-2-2026 - Technical analysis of #ETH, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
As of February 6, 2026, Ethereum (ETH) is trading at approximately $1,888.91, showing a significant intraday recovery after a week of intense downward pressure. Despite the recent bounce, ETH remains down roughly 25% year-to-date and over 10% this week alone, reflecting a broader "flight to safety" across the crypto market.
Buy Ethereum >>
Ethereum Insights
-Deep Correction: ETH reached multi-month lows earlier today, briefly sliding toward $1,750. The decline has erased nearly $345 billion in market value from its 2025 peak.
-Network Pivot: Vitalik Buterin recently signaled a shift in Ethereum’s roadmap, moving away from "branded shards" (fragmented Layer 2 scaling) toward a more integrated Layer 1 capacity model.
-Technical Resistance: Analysts note that ETH must reclaim the $3,000 psychological barrier to signal a trend reversal. Immediate support is identified at $1,740 - $1,750.
-Whale Activity: Despite price drops, on-chain data shows "whales" accumulated nearly 4 million ETH in January, contrasting with retail sentiment that remains in the "hope-fear" zone.
Buy Ethereum >>
