Ethereum

In Q1 2026, Ether (ETH) is down 21% — its third-weakest first quarter — according to CoinGlass, but Fundstrat’s Tom Lee argues the pullback looks attractive amid strengthening fundamentals. He points to record network activity and says weakness stems from leverage not returning since the Oct. 10 crash and capital rotating to precious metals; Lee also noted BitMine bought 41,788 ETH last week.

Ethereum slid beneath 2,420 and 2,300 and is trying to rebound from the 2,155–2,150 area, but sellers cap recoveries near 2,350–2,365 with the 100 hour SMA overhead. A decisive move above 2,450 and toward 2,600 could open 2,700, while rejection at 2,365 leaves 2,250, 2,220 and 2,150 as key supports.

After slipping below $75,000 on Monday, Bitcoin changed hands at $78,989 by Tuesday morning, up 1.7% in 24 hours, per CoinMarketCap. Polymarket tallied about $1 million in Bitcoin prediction volume Monday, with odds of a drop below $65,000 in 2026 set at 71%, even as Ethereum and Solana also advanced.

Ethereum slid toward the $2,200 area after repeated failures to clear $2,500–$2,550 triggered a sharp sell-off. According to on-chain data, roughly 600,000 ETH moved to exchanges in a single day, and derivatives liquidations reached about $280 million over 24 hours. On-chain analysts also noted whale longs with over 45,000 ETH posted as collateral and roughly $100 million borrowed.

During a live market rundown, a crypto host warned that Bitcoin slipping below $80,000 alongside sizable spot ETF outflows is eroding price support and could deepen a correction, with a downside focus near $68,000 tied to the 200‑week EMA. Over the past 24 hours, according to the host, roughly $1.5–$1.6 billion in positions were liquidated, while U.S. spot ETFs saw month‑to‑date net withdrawals around $1.6 billion.

On February 2, 2026, a sponsored article outlined BlockDAG’s presale pitch, citing a 15,000 TPS design, a hybrid DAG + Proof-of-Work architecture, full EVM support, and $453M raised. It also noted a $0.0005 presale price and a $0.05 launch target, with the Awakening Testnet reported at 1,400 TPS and comparisons to Bitcoin, Ethereum and Cardano.

Ethereum fell 19% over three days to trade below $2,400, exposing large unrealized losses for prominent holders. On-chain data shows major positions, including 4.24 million ETH bought near $3,854, are down roughly $6.8 billion, with other whales facing hundreds of millions. Technicals flag $2,400 as key support, with $2,700–$2,800 as near-term resistance.

Institutional investors withdrew $1.7 billion from digital asset investment products in a single week, pushing year-to-date flows to a net outflow of $1 billion. The United States led with $1.65 billion in redemptions as Bitcoin products lost $1.32 billion; Ethereum, XRP and Solana products also saw weekly outflows.

Ethereum is trading well below previous structural supports after a sharp sell-off, with price now pressing into the $2.1K–$2.2K demand zone. On the daily and 4-hour charts, multiple supply areas between $2.7K and $3.4K are capping upside attempts, while liquidation data shows a long cascade below $2.5K. Unless ETH can reclaim key Fibonacci and resistance levels, the prevailing trend remains biased to the downside.

On February 2, Ethereum was trading around $2,370 while showing a modest 0.48% daily decline against the U.S. dollar. Analysts note that a firm move above $2,335 could open the way toward the $2,400 area in the short term and potentially the $2,500–$2,600 zone if bullish pressure persists.