February 3, 2026, 8:23 AM, ETH current price is $2,340, rebounding approximately 4.2% from the previous low, with intraday fluctuations between $2,157 and $2,397. Market sentiment remains bearish, and the sustainability of the rebound is uncertain.
📊 Core Data
• Price: $2,340 (rebounce approximately 4.2%), 24H high/low: $2,397/$2,157
• Circulating Market Cap: approximately $296.2 billion, 24H trading volume: $713 million
• Key Levels: Support at $2,280, $2,160; Resistance at $2,400, $2,450
📉 Market Analysis
• Linkage Recovery: Slight rebound along with BTC, short-term oversold conditions show signs of correction, but macroeconomic and capital factors remain unchanged, making further upward movement difficult.
• Technical Perspective: Daily K-line remains in a downtrend channel, 4-hour moving averages are in a bearish alignment, and rebound momentum is weak.
• Capital Flow: Aftershocks from liquidation are still present, bullish confidence is weak, and the rebound is likely to be suppressed by bears.
🎯 Trading Recommendations
• Short-term: If resistance at $2,380-$2,400 is encountered, consider a light short position, with a stop-loss at $2,450 and a target of $2,280.
• Mid-term: Hold above $2,280 to attempt a small rebound; if broken, look for further decline to $2,160-$2,000, with quick entry and exit.
• Risks: High volatility, strict position control, set proper stop-losses, avoid chasing highs and blindly bottom-fishing.
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February 3, 2026, 8:23 AM, ETH current price is $2,340, rebounding approximately 4.2% from the previous low, with intraday fluctuations between $2,157 and $2,397. Market sentiment remains bearish, and the sustainability of the rebound is uncertain.
📊 Core Data
• Price: $2,340 (rebounce approximately 4.2%), 24H high/low: $2,397/$2,157
• Circulating Market Cap: approximately $296.2 billion, 24H trading volume: $713 million
• Key Levels: Support at $2,280, $2,160; Resistance at $2,400, $2,450
📉 Market Analysis
• Linkage Recovery: Slight rebound along with BTC, short-term oversold conditions show signs of correction, but macroeconomic and capital factors remain unchanged, making further upward movement difficult.
• Technical Perspective: Daily K-line remains in a downtrend channel, 4-hour moving averages are in a bearish alignment, and rebound momentum is weak.
• Capital Flow: Aftershocks from liquidation are still present, bullish confidence is weak, and the rebound is likely to be suppressed by bears.
🎯 Trading Recommendations
• Short-term: If resistance at $2,380-$2,400 is encountered, consider a light short position, with a stop-loss at $2,450 and a target of $2,280.
• Mid-term: Hold above $2,280 to attempt a small rebound; if broken, look for further decline to $2,160-$2,000, with quick entry and exit.
• Risks: High volatility, strict position control, set proper stop-losses, avoid chasing highs and blindly bottom-fishing.