ETH quick read → levels & trade idea (Feb 2, 2026
Snapshot: ETH ≈ $2.2k after recent volatility.
Key levels: Support $1.9k–$2.0k — Resistance $2.6k (daily close to flip bias).
Thesis (short): Market is rangebound and tracking BTC flows — expect choppy action until we see volume-backed reclaim of $2.6k or a daily close below $1.9k
Trade idea: Wait for daily close > $2.6k to consider a measured long (SL ≈ $2.2k, partial TP $3.0k). If rejected below $2.4k, small short toward $2.0k with tight risk.
Disclaimer: Not financial advice — DYOR and size positions to your risk rules.
$ETH

ETH
2,304.56
-0.23%
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