ETH Faces Last Supper: Critical RSI Signal and Major Resistance

Ethereum is at a critical juncture. As the price approaches the $2,970–$2,980 zone, a convergence of signals creates the potential for a final dinner for the bullish side. Real-time analysis shows a combination of technical and fundamental factors that warrant serious attention from traders.

Overbought Indicators and Technical Warnings

The Relative Strength Index (RSI) has broken above 80, surpassing the conventional overbought threshold. This is not just a technical number but a strong overbought deadlock signal. When RSI enters this extreme territory, it is usually followed by significant price adjustments. Historical data indicates that the 80 level often marks a reversal point for excessive bullish momentum.

In the current market condition with ETH trading around $2,060 (latest data as of February 15, 2026), RSI exceeding 80 suggests that the previous rally has created an unsustainable imbalance. The higher the RSI, the greater the likelihood of a correction or pullback.

The 1 Million USDT Iron Wall and Liquidation Strategy

Market reports show large accumulation orders totaling around 1 million USDT positioned at the $2,974 level. This is not just a typical order book phenomenon but an indication of major players building a “resistance wall” to hold the price from moving higher. Anyone attempting to break through will face deep liquidity and costly breakouts.

This strategy is a classic playbook of market makers and whales: placing large walls to alter market expectations. Retail traders still dream of breaking the 3,000 level, which actually fuels the strongest potential for a powerful liquidation event. When momentum combines with large liquidity at resistance, the result often is a “long trap” that causes losses.

Positioning Shorts in the Critical Zone

Given the combination of overbought signals and strong order book resistance, a rational trading strategy is to open short positions in the $2,970–$2,980 zone. This zone offers an attractive risk-reward ratio: entry near resistance, with a clear stop loss and limited downside target.

This short position logic is based on two fundamentals: first, the highly overbought RSI suggests a high probability of retracement; second, the presence of large orders creates a psychological resistance that is difficult to break. The combination makes this zone ideal for traders who believe in mean reversion.

Stop Loss and Take Profit: Veteran Risk Management

Proper positioning must always be followed by disciplined risk management. Placing a stop loss at $2,988 indicates readiness to accept losses if the trading assumption proves wrong. As veteran traders say: admitting losses is a form of honor, not misfortune.

The take profit target is set at $2,855, representing a 5% to 7% retracement from the entry zone. If the analysis is correct and a large liquidation occurs, this target can be reached in a relatively short time. Every dollar gained from this trade is part of recovering previous session losses.

This final dinner is an opportunity for traders who can read market signals well. Momentum is gathering, and for those prepared with a clear strategy and disciplined risk management, this is the time to execute the trading plan.