Ethereum (ETH) Daily Market Analysis 28 February 2026

Ethereum faces sharp decline amid market selloff – here's the latest: • ETH price fell 5.38% on 27 February 2026, marking worst performance since early February • Vitalik Buterin unveiled new scaling plan focusing on gas fee reform and zero-knowledge proofs • Derivatives show $42.51M liquidations with 86.2% being long positions caught in downturn • Extreme Fear reading at 14 contrasts with $6.60M institutional ETF inflows over two days • Technical breakdown risks remain with key support at $2,017 and resistance near $2,100