ETH_USDT Short-term flat: High liquidity and balanced buying and selling lead to a 2-minute window return of +0.00%

Overview: From 12:01 to 12:03 on February 12, 2026 (UTC), the ETH_USDT price remained stable, with a candlestick return of +0.00%. During this two-minute window, the price did not fluctuate, and the opening and closing prices were identical. Major platforms showed active trading in the ETH_USDT market and sufficient order book liquidity. Overall market attention remained high, but short-term volatility significantly decreased, and market sentiment appeared steady.

Main reason: The primary driver of this sideways movement was the balanced buying and selling forces and high liquidity suppressing volatility. Order book data indicated large order volumes with balanced buy and sell pressures, putting the market in a “wait-and-see” phase, with reduced willingness for active trading. Meanwhile, high-frequency market makers and main funds maintained minimal spreads, with no large main orders pushing the price through key levels, causing the minute-level行情 to enter a brief pause.

Secondary factors and resonance: Additionally, the macro environment and on-chain network conditions were stable, with no sudden news triggers. After the Ethereum mainnet upgrade in 2026, transaction fees dropped significantly, easing network congestion. Market sentiment was supported by recent ecosystem upgrades and long-term positive factors, maintaining stable risk appetite. Algorithmic trading and arbitrage mechanisms automatically suppressed cross-platform price differences, further reducing short-term volatility. Technical analysis indicated a consolidation zone, with short-term funds cautious and lacking breakout momentum. During the same period, major cryptocurrencies like BTC_USDT and BNB_USDT also showed low volatility resonance.

Risk warning and follow-up focus: Although the current narrow fluctuation of ETH_USDT highlights high liquidity advantages, extreme market conditions or sudden events could still trigger sharp price movements. Future attention should be paid to macro policy developments, on-chain fund movements, liquidity on major trading platforms, and key technical level breakthroughs. Investors should remain vigilant of short-term risks, closely monitor intraday行情 and breaking news to obtain real-time market information.