Connect with us
DAPA Banner

Crypto World

Will ETH & SOL bounce back?

Published

on

Ethereum, Solana price prediction: Will ETH & SOL bounce back? - 2

Crypto markets are definitely under pressure. The year got off to a shaky start, and weakness has continued as traders remain cautious in a low-liquidity, macro-uncertain environment. That’s left Ethereum and Solana stuck in corrective moves for now.

Let’s take a closer look at ETH and SOL, analyzing recent price moves and network fundamentals to gauge their near-term price predictions.

Summary

  • Crypto markets remain volatile and risk-off as of February 10, 2026, with large-cap coins like Ethereum and Solana trading below last year’s highs.
  • ETH is around $2,016, showing short-term bearish momentum, with key support at $1,760 and resistance near $2,150–$2,500.
  • SOL trades near $84 in a clear downtrend, with short-term support at $80–$90, major downside at $70–$65, and resistance at $100, keeping the SOL outlook cautious.

Current market scenario

As of February 10, crypto markets remain unsettled. Volatility is elevated, sentiment is fragile, and rallies are quickly met with selling pressure. Many large-cap coins are still trading below last year’s highs, highlighting a risk-off environment.

Advertisement

Altcoins have borne the brunt of selling, with investors either rotating into cash or waiting for confirmation of trends. Ethereum and Solana remain technically bearish for now, although network activity continues in the background.

Ethereum price prediction

Ethereum (ETH) is currently trading around $2,016, having failed to hold above the key $2,100 resistance zone. Year-over-year, ETH is down roughly 20–25%, showing the ongoing pressure on large-cap altcoins. Short-term momentum hasn’t helped either, with the ETH price falling 0.9% in the last 24 hours and 11.6% over the past week.

Ethereum, Solana price prediction: Will ETH & SOL bounce back? - 2
ETH 1-day chart, February 2026 | Source: crypto.news

Technically, the short-term trend is still bearish. On Sunday, a bearish pin bar showed up just under $2,100, meaning sellers are in control there. If price can’t get past this level, the next downside target is around $1,760, which acted as support the last time price dipped this low.

From a fundamentals perspective, things are still solid for Ethereum. Developers are busy, users are active, and Layer-2 adoption keeps expanding. These network improvements ease congestion and boost throughput, even if the ETH price doesn’t show it yet. They remain a key part of the longer-term ETH forecast.

Advertisement

If buyers step in and push Ethereum over $2,150 for a daily close, the bearish trend would start to fade. After that, a move toward $2,500 looks more likely.

Solana price prediction

Solana (SOL) is currently trading near $84. While the SOL price is up 0.5% on the day, the bigger picture remains ugly, with the token down nearly 18.4% over the past week.

Ethereum, Solana price prediction: Will ETH & SOL bounce back? - 3
SOL 1-day chart, February 2026 | Source: crypto.news

From a technical standpoint, Solana is still in a clear downtrend. Price recently dropped below a descending channel and is now holding in the $80–$90 zone as short-term support. Trend-wise, nothing much has changed— lower highs and lower lows remain dominant.

If this support breaks, the next downside area to watch is $70–$65, which marks the last strong demand zone before liquidity dries up. On the flip side, $100 is the key resistance bulls need to reclaim to shift sentiment.

For now, the SOL outlook remains cautious, at least until we see buyers show real strength.

Advertisement

Final thoughts

Right now, Ethereum and Solana aren’t having an easy time. Bears are in control in the short term, but Ethereum’s bigger picture is still intact. Until the price can get back above key resistance levels, rallies are likely to be shaky. Patience and waiting for confirmation will be important for anyone following ETH or SOL.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Bitcoin Breaks 5-Month Losing Streak With $68K March Close: What’s Next?

Published

on

Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis

Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.

Key takeaways:

  • Bitcoin ended March 2% higher, marking the first green monthly close in six months.

  • A similar streak in 2018/2019 led to an over 316% BTC price rebound over five months.

  • Bitcoin price faces stiff resistance at $70,000-$72,000, where key trend lines converge.

Past multi-month downtrends were followed by 300% price gains

Historical price data from CoinGlass confirms Bitcoin printed its first green monthly candle in six months, closing March 2% higher after five straight months of losses.

“This is a massive dose of hopium,” analyst Ash Crypto said in an X post on Wednesday.

Advertisement

The analyst was referring to a possible shift in momentum, which might lead to a sustained recovery, as seen in previous cycles.

Related: Crypto Fear & Greed Index stuck on ‘extreme fear,’ but is there a silver lining?

The last time this happened was in 2018/2019 when BTC closed February 2019 in green, after six consecutive red months, as shown in the figure below.

This led to a reversal with over 300% returns the following five months, as Bitcoin recovered from the 2018 bear market.

Advertisement

“Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after!” trader Satoshi Flipper said in a Wednesday post on X.

Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis
Bitcoin monthly percentage returns. Source: CoinGlass

If history repeats itself, the reversal may continue in April, suggesting that BTC price may have bottomed at $60,000.

Bitcoin’s bullish monthly close is a ”catalyst for fresh inflows into early April,” Trader Caleb said, adding:

“April starts with momentum.”

Bitcoin has a well-established tendency for significant price swings in April.

Since 2013, April has been a green month for eight of the past 13 years, with average returns of about 12.2%

Advertisement

However, Bitcoin also tends to move in the opposite direction to March in April, and this is true for nine out of the past 13 years. 

In recent years, Bitcoin dropped in April after closing March in green, three out of four times between 2021 and 2024. 

Therefore, while the end of past multi-month drawdowns suggests a rebound is due, data demonstrates that BTC price could also slide in April.

Watch these Bitcoin price levels next

Data from TradingView shows BTC price up 2.5% on the day to trade at $68,470 as the $69,000-$70,000 resistance remains in place.

Advertisement

Analysts expect Bitcoin’s range-bound price action to continue for longer, with important price levels to look for in case of a breakout. 

These include the $70,000-$72,000 supply zone, coinciding with the 50-day simple moving average (SMA), the 50-day exponential moving average (EMA) and the 1w–1m cohort cost basis

This is also where investors acquired approximately 650,000 BTC, marking a potential point of sell pressure, according to the cost-basis distribution data from Glassnode.

Breaking above this level could see BTC/USD revisit the $76,000 range high and eventually the $80,000 psychological level.

Advertisement
BTC/USD daily chart. Source: Cointelegraph/TradingView

Zooming out, trader Sheldon Diedericks said Bitcoin could “push into resistance” at $83,000 on the monthly time frame, a key support level from April 2025. The 200-day EMA is also close to this area.

BTC/USD monthly chart. Source: X/Sheldon Diedericks

On the downside, the 200-week EMA at $68,300 and the 200-week SMA at $59,400 remain key levels to watch. Below that, the next major level is Bitcoin’s realized price around $54,000.

As Cointelegraph reported, Bitcoin’s bear market bottom could be formed once BTC price drops toward or below its realized price.