2026-02-13 07:04:23

ETH Hovers Near the 2,400 USDT Benchmark as Market Momentum Weakens

Ethereum has recently traded in the vicinity of 2,400 USDT, marking a significant level in the cryptocurrency's price action over the past two weeks. According to the latest market data, ETH was recorded at 2,398.59 USDT on January 31st, showcasing an 11.81% pullback within a 24-hour window at that time.

However, the downward pressure has persisted. As of mid-February 2026, Ethereum continues to face headwinds, with the token now trading around $1,930 (approximately $1.93K), representing a fresh decline of -1.92% over the most recent 24-hour period. This extended weakness suggests that the 2,400 USDT zone, once breached, has failed to provide meaningful support for a sustained recovery.

The persistent losses highlight ongoing market volatility in the Ethereum ecosystem. Traders remain closely watching whether ETH can stabilize above current levels or if further downside toward lower support zones remains a possibility in the near term.

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