Bearish Pressure on ETH: Why Current Volatility Doesn't Change the Bullish Trend

BlockchainTherapist · 2026-02-02T06:05:36+00:00

The Ethereum market is experiencing significant fluctuations, with analysts like Yi Lihua suggesting that current bearish pressure is temporary. Recent price movements reflect typical behavior within the crypto market, advocating for long-term accumulation strategies during corrections.

BlockchainTherapist

2026-02-02 06:05:36

Abstract generation in progress

The Ethereum market is experiencing a period of significant fluctuations, and analysts like Yi Lihua are assessing the situation cautiously. According to data as of February 2, 2026, ETH is priced at $2,190, with a 24-hour range between $2,170 and $2,440. Although the -9.47% decline in the last 24 hours seems concerning, it reflects more a temporary bearish pressure than a fundamental change in market dynamics.

Market Volatility: Normal Fluctuations in a Bearish Context

The fluctuations observed within the $2,170-$2,440 range are not unusual and should be analyzed within the broader context of the cryptocurrency market. The analysis platform NS3.AI emphasizes that these oscillations are consistent with Ethereum’s historical price behavior. Even during periods of evident bearish pressure, short-term movements do not invalidate the technical structure of the market. Analysts note that the market is testing support levels, and reactions are in line with expectations during a normal correction.

Why Bearish Pressure Is Only Temporary

Detailed analysis suggests that the current period of weakness is limited in duration. Factors supporting a long-term recovery remain intact, and the market’s reaction at current levels indicates that institutional buyers are also paying attention. Yi Lihua recommends maintaining a long-term perspective rather than reacting emotionally to short-term volatility. Recent shifts demonstrate that the market has the ability to absorb selling pressures without losing its structural integrity.

Recommended Strategy: Accumulation During the Correction Phase

For investors pursuing a long-term strategy, periods of bearish pressure actually present opportunities. Analysts recommend continuing accumulation strategies, considering that declines in the crypto industry are, from a broader cycle perspective, normal and temporary events. The current volatility does not alter the bullish fundamentals of the crypto market, and those who maintain a long-term position are better positioned to benefit from the inevitable recovery.

ETH1,77%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.