Ethereum Price Faces Pressure as Micro Double Top Signals Further Downside Risk

Ethereum ETH ETH - $1974.051 is showing signs of short-term technical weakness as price action on lower time frames forms a micro double top pattern. This bearish formation suggests that ETH ETH - $1974.051 may struggle to sustain its recent stabilization attempts following a sharp sell-off that pushed the cryptocurrency from above $3,000 down toward the $2,000 region.

Source: tokenpost.com

Related symbols: ETHUSD

2026-02-16 05:27:02 GMT.

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Price & Market Data

Price: $1974.051

Volume 24h: $24,657,157,842.60

Market Cap: $238,252,997,915.57

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,692,457.89999667. The last known price of Ethereum is 2,069.99995421 USD and is down -0.45 over the last 24 hours. It is currently trading on 11567 active market(s) with $25,270,268,945.83 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.