- Ethereum price enters a short sideways trend between the $2,145 and $1,765 area.
- Ethereum’s staking rate has reached an all-time high of 30.5% of total supply.
- Momentum indicator RSI has recovered to the 34% mark, indicating that ongoing consolidation is stabilizing prices after an excessive downtrend from last week.
Ethereum, the second-largest cryptocurrency by market capitalization, rose 5.5% during Friday’s U.S. market hours, regaining the $2,052 mark. This sharp increase can be attributed to US macroeconomic trends, as the January 2026 CPI rose to an annualized rate of 2.4%, slightly below the market expectations of 2.5%. This lower-than-expected number could act as a potential catalyst for Fed rate cuts in the coming months. Additionally, Ethereum’s staking rate just hit an all-time high of 30.5%. $ETH holder.
$ETHliquid supply is reduced to 30.5% $ETH trapped in staking
In the first two weeks of February, Ethereum price witnessed a significant drop from $2,500 to $1,750, recording a loss of nearly 30%. While broader market sentiment suggests a continued correction ahead, on-chain data highlights sustained growth in staking participants.
Analyst Leon Weidman revealed in a recent tweet that Ethereum’s staking rate has hit a new high, with 30.5% of the total Ether supply currently being staked. Since early 2023, staking rates have recorded a sharp and sustained rise from 15% to over 30% despite occasional price declines, geopolitical tensions, and macroeconomic turmoil.
Deposits have continued to flow through multiple market regimes, including long periods of weakness and intermittent increases. This persistence results in a steady depletion of easily tradable assets. $ETHwith an increasing number of tokens entering long-term lockups for the purpose of participating in consensus and unlocking rewards, typical yields will be in the range of 2-3% per annum.
Similar settings have appeared in the past. Around mid-2023, staking increased by over 22% and the price stabilized around $1,800 before continuing to rise significantly. Another similar example occurred in early 2025, when the ratio exceeded 28% while below $2,500 before a subsequent rally.
Validators and stakers continue to play an active role and invest more resources into security equipment within the network, despite downward pressure on spot prices. This pattern represents the continued commitment of those operating these nodes and delegating funds to them, and helps to gradually limit the supply of liquid on the exchange.
Ethereum price enters short-term consolidation
Over the past week, Ethereum price has been trading in a narrow range between $2,175 and $1,765, marked by the February 5th and 6th daily candlesticks. Consolidation backed by low transaction volumes indicates a lack of commitment by buyers or sellers to foster adequate growth.
After last week’s flash crash, the coin price is likely to stabilize at current market levels and regain momentum for the next leap forward. Ethereum price, currently trading at $2,053, is up 5.5% today and is challenging the overhead resistance at $2,175.
A possible breakout of this resistance will accelerate the market buying pressure and lead to a rally to $2,838 and then $2,620.
$ETH/USDT -1d-chart
Conversely, if sellers force a breakdown below the $1,765 support, Ethereum price could fall towards the $1,650 mark.
