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Coinpaper 2026-02-15 21:56:09

Ethereum Presses Key $2.1K Ceiling as Traders Watch Daily and Weekly Closes

Ethereum Presses Key $2.1K Ceiling as Traders Watch Daily and Weekly Closes

Ether held in a tight range just below the $2.1K area after rebounding from a sharp selloff. Charts shared on X flagged $2,106 to $2,166 as the next resistance zone that bulls need to reclaim and hold. Ether consolidates below a key $2.1K zone Ether traded around $2,075 on a 4 hour ETHUSD Coinbase chart after a sharp rebound from the recent selloff, according to TradingView data shared by analyst Daan Crypto Trades on X. The move pushed price back into a tight range, while the chart highlighted a high time frame resistance area overhead. Ethereum U.S. Dollar 4 hour. Source: Daan Crypto Trades on X That resistance band sits roughly between $2,106 and $2,166, where several prior candles stalled. Price also printed a rounded top inside that zone earlier in the month, then rejected and slid into a lower range. As a result, the market has treated the area above $2.1K as the level to clear before any broader recovery gains traction. At the same time, the latest upswing formed a higher low after the earlier drop, with the rebound accelerating into Feb. 14. Daan Crypto Trades said Ether is still consolidating against resistance after the big decline, and he pointed to the need for daily closes above the overhead region to support a breakout call. Weekly close near $2,110 frames Ether’s next move Ether traded near $2,061 on the ETHUSDT 4 hour chart on Binance dated Feb. 13, 2026, as price pressed into a well-defined resistance band just above $2,100, according to TradingView data shared by X user @spetsnaz_3. The chart marks a horizontal supply zone near $2,109, where multiple prior candles stalled during the recent range. Ethereum TetherUS 4 hour. Source @spetsnaz_3 on X The structure shows Ether rebounding from a lower support band around the $1,850 to $1,900 area after a sharp selloff. Since then, price moved sideways in a base before pushing higher into resistance. Therefore, the market now trades inside a compression zone between the upper resistance near $2.1K and the lower demand band below $1.9K, which frames the near-term range. In a post on X, @spetsnaz_3 said a weekly close above $2,110 would support a long setup on the chart, while failure to reclaim that level keeps downside risk in play. The projection drawn on the chart shows price first testing the resistance band and then extending higher if the level flips. However, the current setup still reflects consolidation under supply after the prior drop. =

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