#ETHTrendAnalysis Based on the latest data up to February 2026, here is an analysis of the latest trends and news regarding Ethereum (ETH):
1. Market Conditions & Price Analysis (February 2026)
•Historic Liquidation: The Ethereum market recently experienced a prolonged period of long position liquidation , the largest recorded since 2021. This indicates high volatility and leverage clearing in the derivatives market.
•Gradual Recovery: After the liquidation pressure subsided, the price was observed to begin consolidating. As of February 20, 2026, ETH was trading at around US$1,943. with a 24-hour trading volume of US$19.83 billion.
•Key Points (Resistance & Support): Analysts are closely monitoring the psychological resistance area at US$3,000 . Breaking through this level is considered crucial to confirming a long-term bullish trend toward higher targets.
2. Network Development & Upgrade
•Hegota Upgrade (2026): Ethereum core developers have agreed that the Hegota Upgrade will be the second major update scheduled to launch in 2026. This update is part of a roadmap to improve the scalability and efficiency of the network.
•Supply Tightening: The trend of supply tightening on the exchange (outflow) continues, which historically has often been a positive indicator for price movements due to reduced selling pressure in the market.
3. Institutional & Macro Sentiment
•ETF Dominance: BlackRock 's Ethereum ETF (ETHA) continues to show significant growth, with assets under management now having a significant impact on ETH's price stability in the institutional market.
•External Factors: The Federal Reserve's (The Fed) interest rate policy, which is predicted to remain stable or start to loosen ( dovish ), is one of the catalysts that the market is waiting for to encourage investor interest to return to risky assets such as crypto. $ETH
