ETH Market Update: From 5.36% Decline to Current Recovery
On Feb 9, 2026, the latest exchange data shows Ethereum trading at $2,130 (2.13K USDT) with a positive 24-hour momentum of +0.43%. This marks a notable turnaround from the earlier market weakness that saw ETH slide nearly 5.36% just over a week prior on January 31st, when the asset briefly dipped below the 2,600 USDT level.
The recent price recovery reflects evolving market sentiment around Ethereum, as buyers gradually absorbed earlier selling pressure. The current trading levels demonstrate the volatility typical of major cryptocurrency assets, with significant price swings occurring within short timeframes. Market participants continue to monitor ETH's technical levels and trading volume to gauge the strength of this recovery phase.
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ETH Market Update: From 5.36% Decline to Current Recovery
On Feb 9, 2026, the latest exchange data shows Ethereum trading at $2,130 (2.13K USDT) with a positive 24-hour momentum of +0.43%. This marks a notable turnaround from the earlier market weakness that saw ETH slide nearly 5.36% just over a week prior on January 31st, when the asset briefly dipped below the 2,600 USDT level.
The recent price recovery reflects evolving market sentiment around Ethereum, as buyers gradually absorbed earlier selling pressure. The current trading levels demonstrate the volatility typical of major cryptocurrency assets, with significant price swings occurring within short timeframes. Market participants continue to monitor ETH's technical levels and trading volume to gauge the strength of this recovery phase.