2026-02-08 02:12:32

- Ethereum Price Expectations: Ethereum tests the $2100 level after bouncing from $1740:

Ethereum network experienced liquidations of $136 million in futures contracts over the past 24 hours, led by $87 million in short positions liquidations, according to Coinglass data.

Ethereum (ETH) rose from the support level of $1740 on Friday after its largest drop since the liquidation event on October 10. The leading altcoin is testing the $2100 level on Saturday, and it could rise to $2380 if it breaks above. However, any rejection could push it back to the $1740 level.

Daily chart of ETH/USDT
The (RSI) and (Stoch) stochastic oscillator indices have slightly declined from the oversold region, indicating a slight decrease in bearish momentum.

#ETH
@ETH

ETH-3,28%

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GateUser-229c4c88

· 02-08 02:15

- Ethereum Price Forecast: Ethereum tests the $2100 level after rebounding from $1740: According to Coinglass data, over the past 24 hours, the Ethereum network liquidated $136 million worth of futures contracts, with $870,000 in short positions being liquidated. Ethereum(ETH) price rebounded on Friday from the $1740 support level, marking the largest decline since the liquidation on October 10. The mainstream altcoin tested the $2100 level on Saturday, with a breakout potentially pushing it to $2380. However, any resistance could pull it back to the $1740 level. ETH/USDT Daily Chart The Relative Strength Index(RSI) and Stochastic Oscillator(Stoch) have slightly rebounded from oversold zones, indicating that bearish momentum is slightly weakening. #ETH @ETH

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