The price of Ethereum’s native token, Ether, risks sliding below $2,000 in February as a classic bearish setup plays out. As of Wednesday, ETH had entered the breakdown stage of its prevailing inverse-cup-and-handle (IC&H) pattern. This could extend a downtrend that has already erased about 60% from its August 2025 peak. An IC&H pattern forms when price forms a rounded top and then drifts higher in a small recovery channel. It typically resolves when the price breaks below the neckline support, often falling by as much as the cup’s maximum height. Ether broke below the inverse cup-and-handle neckline near $2,960 ... (full story)