Ethereum (ETH) Daily Market Analysis 17 February 2026

Ethereum shows mixed signals as price stabilizes near $2,000 – here's the latest: • Price at $1,996.47 (17 February 2026) with 72% of retail traders holding long positions • Institutional adoption accelerates with Harvard's $86.8M ETHA purchase on 16 February 2026 • On-chain activity hits record highs despite 34% drop in new addresses over 48 hours • Two major 2026 upgrades (Glamsterdam & Hegota) will boost scalability and integrate zero-knowledge proofs • Analysts project ETH could reach $7,000 by 2028 based on historical signals and network growth