Ethereum Dips Below 2,800 as MVRV Hits -14.3%; Accumulation Signals Emerge

Ethereum trades below the $2,800 level with a 30-day MVRV of -14.3% and accumulation signals suggesting a potential recovery; price hovers near $1,990.

Rich by Coin

2026-02-22

Ethereum’s price has dropped below the $2,750–$2,800 zone, now consolidating around $1,990. Key support is at $1,820–$1,850, with resistance near $2,260.

Ethereum’s 30-day MVRV reading stands at -14.3%, reflecting that average trader returns are currently negative, with short-term holders experiencing significant losses. Ethereum shows accumulation trends, with experts noting a potential V-shaped recovery. Historically, ETH has rebounded after major corrections, achieving a 100% recovery rate in past instances.