Historical replay · ETH/USD
Ethereum's Eight-Day Slide (January–February 2026)
No single flash crash: between January 29 and February 6, 2026, ETH fell from about $3,011 to a low of $1,748, setting a lower low almost every day before an 18% bounce.
Ether went into the last days of January 2026 trading just above $3,000 — already far below the record near $4,957 it had set on Binance in August 2025. What followed wasn't one dramatic candle but a grinding, eight-day decline in which almost every session made a lower low than the one before it.
ETH opened the window near $3,011 on January 29 and lost about 6% that day. It broke below $2,700 on January 30, then fell hardest on January 31, when the intraday low reached $2,250 — a 17% range in a single session. A bounce on February 2 carried it back to around $2,397, but it faded within a day, and by the close of February 5 ETH was sitting near $1,827.
The bottom came in the first hour of February 6, at about $1,748 — roughly 42% below where the window began. From there the price snapped back to around $2,094 within the day and closed February 6 near $2,063: an 18% rebound off the low that still recovered only a modest slice of the decline.
Bitcoin fell too, by about 30% over the same eight sessions, and Solana by about 37%, but Ether's drop was the deepest of the three. That ordering is familiar from broad crypto sell-offs, where assets that tend to amplify the market leader's moves fall further than the leader itself.
What makes this window worth replaying is the way it feels from inside. Each small bounce — the February 2 rally especially — looked in real time like it could be the turn. Only the sequence of lower highs and lower lows, visible hour by hour, showed that selling pressure hadn't yet run its course.