Ethereum ($ETH ) has officially dipped below the major $2,000 psychological barrier today, Feb 12, 2026, currently trading at $1,925. Market sentiment is in "Extreme Fear" following massive liquidations that wiped out over $1B in long positions.
The Setup:
Support: $1,900 (The last line of defense).
Resistance: $2,150 (Previous support flipped to resistance).
Insight: While the price is bleeding, staking remains robust with over 30% of supply locked. Tom Lee suggests this is a classic "V-shape" recovery setup. If $1,900 fails, we might see a quick wick toward $1,850 before any real bounce.
Action Plan: Watching for a volume spike at $1,900. I'm keeping my orders patient.
Whatâs your move? Buying this sub-$2k dip or waiting for $1,500? đ