ETH_USDT dips slightly by 0.24%: Short-term technical adjustments and institutional spot selling lead to a market correction

On February 12, 2026, from 13:02 to 13:28 (UTC), ETH_USDT recorded a return of -0.24% within a 15-minute window, slipping slightly from 1,984.62 USDT to 1,979.87 USDT. The overall performance was characterized by narrow fluctuations, with market attention remaining neutral to slightly optimistic. Short-term risk release was limited, and no obvious panic sentiment was observed. Price retracement was modest, reflecting a healthy adjustment phase in the market, with volatility not significantly increasing.

The main driver of this movement was a short-term technical correction. Previously, the 1D RSI indicator for ETH entered oversold territory, with a persistent downward channel. After being rejected at the 1D MA100 moving average, short-term rebound was hindered. Liquidity functioned normally in the afternoon, with no abnormal trading activity, and selling pressure was primarily technical in nature. This slight correction mainly indicates the market’s digestion of short-term technical resistance, showing clear signs of a healthy adjustment.

Additionally, institutional spot buying continues to dominate the market, with net inflows into ETF products since 2026 supporting stable spot capital inflows. On-chain data shows nearly 30% of ETH is locked in staking contracts, and exchange balances have fallen to a seven-year low, tightening liquidity and limiting short-term volatility. On a macro level, risk assets such as US stocks and gold remain generally stable, exerting no significant drag on ETH. Market sentiment shows a decline in retail trading share, with capital flows mainly driven by institutions. The resonance of technical adjustments and liquidity tightening has amplified market fluctuations, but no extreme events have been observed.

Currently, ETH’s volatility risk is relatively low, and short-term adjustments do not warrant excessive concern. However, continuous monitoring of key support levels and on-chain fund flows is necessary, along with vigilance for macroeconomic changes that could indirectly impact the market. It is recommended to pay attention to staking ratio changes, ETF flows, and institutional activity, and to follow market data in real-time to identify potential risk signals. Please stay tuned for further market updates.