{"id":67860,"date":"2026-02-09T16:05:42","date_gmt":"2026-02-09T16:05:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/is-the-ethereum-rebound-over-eth-price-slips-towards-2k-after-hitting-2136\/"},"modified":"2026-02-09T16:05:42","modified_gmt":"2026-02-09T16:05:42","slug":"is-the-ethereum-rebound-over-eth-price-slips-towards-2k-after-hitting-2136","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/is-the-ethereum-rebound-over-eth-price-slips-towards-2k-after-hitting-2136\/","title":{"rendered":"Is the Ethereum rebound over? ETH price slips towards $2k after hitting $2,136"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-decline-market-volatility-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-decline-market-volatility-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-decline-market-volatility-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-decline-market-volatility-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ethereum (ETH) drops toward $2,000 amid continued market volatility and selling pressure.<\/li>\n<li>Whale moves, ETF activity, and Bitcoin weakness fuel the recent decline.<\/li>\n<li>MVRV suggests ETH may be near a historical bottom, signalling potential rebound.<\/li>\n<\/ul>\n<p>Ethereum\u2019s recent rebound appears to be losing steam after the cryptocurrency reached a high of $2,136.<\/p>\n<p>The coin is now quickly slipping towards the $2,000 mark, marking a continuation of a downtrend that has persisted over the past month.<\/p>\n<p>Ethereum (ETH) is currently trading around $2,015, representing a 34.9% decline over the last month.<\/p>\n<p>The sharp monthly decline is part of a broader pattern of volatility in the crypto market this year.<\/p>\n<p>Trading volumes, however, remain elevated, with over $21.5 billion worth of tokens exchanged in the last 24 hours.<\/p>\n<h2>Market factors driving the ETH price decline<\/h2>\n<p>Several factors are contributing to Ethereum\u2019s recent weakness.<\/p>\n<p>One of the main drivers is elevated volatility in the derivatives and ETF markets.<\/p>\n<p>Recent activity in <a href=\"https:\/\/www.coinglass.com\/etf\/ethereum\">Ethereum ETFs<\/a> and Bitcoin-linked derivatives has amplified price swings.<\/p>\n<p>Whale movements have also added pressure.<\/p>\n<p>Large holders transferring ETH to exchanges can trigger panic selling, and <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/697f76829a2bb639680e0994-Ethereum-Whales-Are-Moving-Exchange-Inflows-Hit-Multi-Month-High\">reports<\/a> indicate this has happened in recent weeks.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-erases-15-months-of-gains-falls-below-70k-amid-840m-liquidations\/\">Bitcoin\u2019s recent weakness<\/a> has further weighed on Ethereum, given the strong correlation between the two cryptocurrencies.<\/p>\n<p>Analysts also point to the breakdown of key support levels near $3,000 as a signal of continued downside risk.<\/p>\n<p>Ethereum\u2019s 7-day range of $1,824 to $2,369 highlights just how volatile the market has been.<\/p>\n<p>But despite the downward pressure, Ethereum\u2019s network activity remains robust.<\/p>\n<p>Daily transactions and active addresses have not declined, signalling that usage of the blockchain remains strong.<\/p>\n<p>This suggests that fundamentals may still support the network even if prices are under pressure.<\/p>\n<h2>Could a market bottom be near?<\/h2>\n<p>On-chain analysis offers a possible silver lining for Ethereum investors.<\/p>\n<p>The <a href=\"https:\/\/app.santiment.net\/charts\/ENN0mf54__sCl\">Market Value to Realised Value (MVRV) metric on Santiment<\/a> indicates that ETH has approached historically significant levels.<\/p>\n<p>The coin recently traded below the 0.80 MVRV pricing band, a zone that historically corresponds with market bottoms.<\/p>\n<p>This level often signals that many investors are at a loss, creating conditions for accumulation.<\/p>\n<p>Previous dips below this band have been followed by sustained price recoveries over weeks and months.<\/p>\n<p>Current readings suggest Ethereum is undervalued relative to recent history, though the deepest bottom has not yet been confirmed.<\/p>\n<p>If ETH continues to hold near $2,000 and rebounds, it could mark the start of a longer-term recovery phase.<\/p>\n<p>Traders and long-term holders will be watching closely for confirmation of support around this level.<\/p>\n<p>Ultimately, the short-term trend is bearish, but on-chain indicators suggest that Ethereum\u2019s decline may be nearing a turning point.<\/p>\n<p>The coming days will be critical in determining whether ETH stabilises or continues its descent toward lower support levels.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/is-the-ethereum-rebound-over-eth-price-slips-towards-2k-after-hitting-2136\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ethereum (ETH) drops toward $2,000 amid continued market volatility and selling pressure. Whale moves, ETF activity, and Bitcoin weakness fuel the recent decline. MVRV suggests ETH may be near a historical bottom, signalling potential rebound. Ethereum\u2019s recent rebound appears to be [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":67861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67860"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=67860"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/67861"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=67860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=67860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=67860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}