Ethereum traded near $1,994 on the 4 hour ETHUSDT perpetual chart from Binance as one analyst pointed to a tightening triangle that could force a larger move before month end.
ETH tightens inside a triangle as $2,080 and $1,950 draw focus
In a post on X, trader Tryrex said Ether has been “getting squeezed” between a falling resistance line and a rising support line.
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The chart shows lower highs pressing down from the $2,130 area earlier in February, while higher lows climb from just above $1,900, forming a narrowing range.
The analyst highlighted $2,080 as a key upside level near the upper trendline.
Price has repeatedly stalled below the downsloping resistance during the past two weeks, while rebounds have struggled to hold above the $2,000 handle for long.
Tryrex also flagged $1,950 as an important area on the downside. The post said extended trade around that zone could increase breakdown risk, since repeated tests can weaken nearby support and push price toward the lower boundary of the triangle.
ETH holds inside $1.8K–$2.1K range as price stalls near $2,000
A daily chart shared by Daan Crypto Trades shows Ether sliding from the January highs above $3,000 into a broad consolidation band.
The chart marks repeated reactions near $2,118, where price stalled after several rebounds, and near $1,800, where buyers previously stepped in following sharp selloffs.
Price now hovers close to the $2,000 area after a steep drop in early February pushed ETH back toward the lower half of the range.
The latest candles show small bodies and overlapping ranges, which reflects slow follow-through after the selloff and limited direction on the daily timeframe.
Daan said price action lacks near-term decisiveness while ETH trades inside this band.
The range boundaries remain the main reference points, since reactions near $2,118 or $1,800 have defined recent swings and continue to frame short-term structure.
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Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: February 18, 2026 • 🕓 Last updated: February 18, 2026
