Ethereum Recovery: Has the Market Bottomed Out?
The cryptocurrency market is entering a phase of heightened sensitivity to political signals from Washington. After a prolonged decline, Ethereum (ETH) is showing signs of a local reversal. This week, the asset aims to break the critical $2,225 mark, which could confirm the end of the short-term bearish trend.
It is worth noting that after a crash of more than 8%, when the price touched the $1,747 level (the lowest since May 2025), Ethereum managed to bounce back to the $2,080 zone. Now investors are holding their breath, as external fundamental factors could either accelerate this growth or trigger a new wave of sell-offs.
Current Market Indicators
Crypto Market Capitalization: 2.39 trillion CNY.
Daily Increase: 1.03%.
Bitcoin Price: Consolidation around $70,000.
White House Meeting on February 10: A Historical Dialogue
Tomorrow, February 10, 2026, the U.S. Administration will hold a key meeting that could determine the fate of stablecoins and the entire DeFi ecosystem based on Ethereum. The main goal of the meeting is to break the multi-year legislative deadlock and revive the Clarity Act.
The uniqueness of this event lies in the participants. For the first time in a long time, the table will bring together:
Banking Giants: JPMorgan, Wells Fargo, and Bank of America.
Crypto Leaders: Coinbase, Ripple, and Circle.
This staff-level summit aims to bridge the gap between the traditional financial sector and digital assets. Authorities intend to discuss the possibility of legalizing interest-bearing stablecoins, which would be a powerful incentive for capital inflow into the Ethereum network.
Key Agenda Items
Participants will focus on four critical points: reserve liquidity requirements, clear regulatory jurisdiction, transparency standards, and consumer protection mechanisms.
Technical Analysis and Price Forecast
From a technical perspective, the situation looks moderately optimistic. A positive MACD crossover has been recorded on the chart — a classic bullish signal indicating a shift in momentum in favor of buyers.
However, to confirm the rally, Ethereum needs to overcome several barriers:
Resistance at $2,225: Consolidating above this line will open the way to the psychological mark of $2,500.
Critical Support at $1,900: If the political news from the White House turns out to be negative, this level will be the last line of defense before a deeper fall.
What Should Investors Expect?
If tomorrow's meeting yields concrete results, the Clarity Act could be brought to a Senate vote as early as this spring. For Ethereum, this means institutional recognition of stablecoins, which are the "lifeblood" of its ecosystem, inevitably pushing the price up.
Traders are advised to remain cautious on February 10, as volatility during official announcements will be extremely high. The professional approach now is to wait for the price to fix above the resistance level.