Ethereum fell back toward the $1,900 area after rejecting near $2.1K, according to separate weekly and daily TradingView snapshots shared on X. Together, the charts show ETH leaning on a long-term rising trend while traders map a near-term range between roughly $1,800 and $2,100.
Ethereum Weekly Chart Shows Price Testing Long-Term Trend
Ethereum traded near $1,916 on the weekly ETH/USD chart from TradingView dated Feb. 11, 2026, as price slipped toward a rising long-term trendline tracked by X user James Easton. The chart spans from 2016 through early 2026 and plots two upward-sloping moving averages that have guided the broader cycle. Recent candles sit below the upper curve and closer to the lower band, which signals a shift from sustained upside momentum into trend support testing.
Ethereum U.S. Dollar Weekly Chart. Source: TradingView (JamesEastonUK)
Earlier in the cycle, Ethereum respected the same rising structure during prior pullbacks, marked by several historical reaction points along the curve. Those reactions aligned with periods of broader market stress, followed by rebounds that kept the long-term uptrend intact. This time, however, price approaches the band after a series of lower highs since the 2024 peak, which reflects slowing momentum across the higher timeframe.
At the same time, the lower panel shows a momentum oscillator pressing toward its lower range, which signals waning weekly strength. The oscillator has cycled between overbought and oversold zones throughout the multi-year trend, and the latest downswing places momentum near prior troughs seen during corrective phases. As a result, the setup frames the current move as a test of long-term trend integrity rather than a short-term fluctuation.
Price structure also shows that recent rebounds failed to reclaim prior weekly highs, and therefore sellers capped rallies near the rising upper curve. The market now trades closer to long-term support than to prior resistance, which shifts focus to whether the trendline holds on a weekly close. The chart context ties the current ETH pullback to a broader cycle phase, where momentum cools while price compresses around long-term trend support.
ETH Rejection Near $2.1K Puts Focus on a $1.8K to $2.1K Range
Ethereum traded at about $1,949 on the daily ETH/USD chart from Coinbase shared by X user Daan Crypto Trades, with the snapshot timestamped Feb. 11, 2026. The chart showed a sharp selloff from the $2,800 area into the low $2,000s, and then a fast rebound that failed near a highlighted resistance band around $2,106 to $2,169. As a result, price turned lower again after briefly pushing into that zone.
Ethereum U.S. Dollar Daily Chart (Coinbase). Source: TradingView (DaanCrypto)
The TradingView header on the image showed the session near a 3.6% drop, with ETH opening around $2,021, printing a high near $2,031, and then sliding to a low near $1,931 before closing near $1,950. Meanwhile, volume spiked during the breakdown and rebound, which matched the visible surge in the bars at the bottom of the chart and signaled heavier participation during the move.
Daan Crypto Trades framed the bounce into $2.1K as a rejection and said price could form a range between roughly $1.8K and $2.1K. He also said he is not interested in trading the setup until the market flips structure on lower timeframes or breaks back above $2.1K. The chart’s marked levels reinforced that view by showing $2.1K as a nearby ceiling and a dotted support reference near $1,808 as the lower boundary area for the proposed range.
Source: https://coinpaper.com/14542/ethereum-price-prediction-eth-rejected-at-2-1-k
