Ether is down 20% in February, but a developing bullish setup below $2,000 and growing upside liquidation clusters hint at a quick rebound.
Trump-linked WLFI dropped more than five hours before a $6.9 billion crypto liquidation event, raising questions about early market stress signals.
The total memecoin market capitalization has dropped roughly 34% over the past month as the broader market sold off, but Santiment suggests the slump may not last long.
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.
Traders say Ether’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500.
While ETH’s price action remains weak, rising institutional investor inflows and surging network activity suggest that Ether is building a base for a possible rally to $2,400.
Some community members questioned the size of the $50 million package and warned that the proposed AAVE token grant could concentrate voting power.
XRP looked increasingly bearish at $1.40, with a key indicator suggesting that a downward move below $1 was possible in the coming weeks.
Data observed across 66 corridors in Africa shows conversion costs from 1.5% to 19% in January, with competition driving pricing gaps.
Ether inflows into accumulation addresses spike despite ETH price falling below $2,000, signalling strong investor confidence in the long term.