📊 ETH / USDT Trading Update – Binance – February 8, 2026

Ethereum (ETH) continues to trade in a volatile market environment with altcoins feeling pressure while Bitcoin dominance pushes higher. Recent crypto sentiment indicators show fear and uncertainty dominating, driving choppy price action across the board.

🔎 Price Snapshot (Approx)

• ETH price prediction today (Feb 8) around $1,900–$2,100 range — modest recovery expected vs yesterday.

• Binance-specific polls suggest the most probable ETH price bracket today is $2,000–$2,100 at noon.

• ETH to Bangladeshi Taka: ~ BDT281,600 per 1 ETH (real-time mix) — helpful if you’re trading from Bangladesh.

📈 Key Levels to Watch

Support: ~$1,800–$1,900

Mid-range: ~$2,000–$2,100

Resistance: ~$2,200+

🧠 Market notes

• Current crypto market sentiment remains bearish to neutral with oversold conditions in altcoins.

• ETH needs reclaiming above key moving averages (e.g., 200-week) to shift to a bullish trend.

📉 ETH Daily Range (Conceptual Chart – Binance ETH/USDT)

Resistance

2,200 ──────────────┐

│

2,100 ──────┐ │ Daily range

│ / │

2,000 ────╮ │ / │

│ │ / │ Price action slowly grinding

1,900 ────╯ │ / │ within range

1,800 ──────────────┘ Support

Trend: Slight recovery with high volatility

💹 Trading Strategy Notes (Not Financial Advice)

✔ In range trading markets, buy near support (~$1,800–$1,900) and take partial profits near resistance (~$2,100–$2,200).

✔ Use tight stop-loss given high volatility today.

✔ Watch key breakout confirmations above $2,100 before adding larger positions.

🗓 Summary: ETH is consolidating in a range after recent market stress. Bulls and bears are battling near the $2,000 area.