ETH Analysis: February 11, 2026

Ethereum is currently hovering around $2,010, attempting to find a base after a sharp 4% daily drop. The structure remains bearish as the price stays trapped within a descending channel. While whales are accumulating, retail selling pressure persists, keeping the momentum neutral-to-weak.

Possible Next Move
The immediate outlook suggests sideways consolidation with a slight bearish bias.

Bullish Scenario: If ETH holds above $2,000 and reclaims the $2,080 level with volume, a relief rally toward $2,150 is likely.

Bearish Scenario: Failure to hold psychological support at $2,000 will likely trigger a slide toward the next major liquidity zone at $1,850–$1,900.

The market is currently "hunting" the longs parked at $2,000. Professionals are generally staying patient, waiting for a liquidity grab (a quick dip below $1,990 followed by a fast recovery) before entering.

#BuyTheDipOrWaitNow? $ETH ‌