Resolution criteria

This market resolves YES if the price of Ethereum (ETH) falls below $2,000 USD at any point during February 2026 after 12:00 PT 2/7/2026. Resolution will be determined by checking major cryptocurrency price tracking platforms including CoinMarketCap, CoinGecko, or CoinDesk for the lowest price recorded during the month. The market resolves NO if ETH remains at or above $2,000 throughout February after 12:00 PT 2/7/2026.

Background

Ethereum hit an all-time high of $4,954 per token six months ago, but has experienced a sharp decline in early 2026. As of February 6, 2026, Ethereum successfully reclaimed the $2,000 mark after a week of intense selling pressure that saw ETH plunge to lows not seen since May 2025. The price of Ethereum is $2,087.91 as of Feb 7, 2026, placing it just above the $2,000 threshold. Prices are falling due to a mix of crypto market meltdown, broader tech and AI stock weakness, forced ETH liquidations, and deteriorating investor sentiment.

Considerations

Analysts point to bearish technical setups and on-chain signals that suggest ETH could fall to ~$1,500 or lower if negative trends continue. However, technical analysis suggests this relief rally faces massive resistance, indicating volatility remains high. The $2,000 level represents a psychologically significant support zone that has already been tested multiple times in recent weeks.

This description was generated by AI.