Latest Ethereum News Today as DeepSnitch AI’s 300% Presale Bonus Draws the Spotlight Away From Ether and XRP

Ethereum (ETH) has continued to record a deeper downturn after the recent price drop below $2,200. On-chain data is also signaling more doom for Ether as network usage drops, as weak momentum triggers de-risking. Latest Ethereum news today has, in fact, confirmed that traders are trimming exposure rather than adding fresh leverage.

Amid this downturn in the price of Ether, investors feel that now could be the right time to move capital elsewhere. As a result, smart money is rotating into DeepSnitch AI (DSNT), a new AI market entrant, which could give up to 300x returns in 2026.

DeepSnitch AI is only in the fifth presale stage, having raised close to $1.5 million. The DSNT token is also still priced low at $0.03830, offering a low entry point before the price balloons.

Ether remains stuck in a high-risk zone below $2.3k, amid market stress

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The latest ETH headlines show that Ether has dropped yet again, this time dipping below $2,200 to trade at $2,178 on February 4. On-chain data further points to a grim picture ahead.

According to derivatives data by Coinglass, Ethereum futures volume climbed to $105 billion, marking a 38% climb. On the other hand, the futures Open Interest dropped to $27 billion. , a 1.18% drop. Normally, a surge in futures volume with dropping open interest suggests that traders are now derisking.

Ethereum news today: How will ETH perform against these 2 cryptos?

1. DeepSnitch AI booms as investors join the 100x play

DeepSnitch AI was designed to solve one major issue that retail investors face on a daily basis: access to reliable trading information. Previously, intel was only concealed from whale investors, helping them make huge profits off market swings.

Now with DeepSnitch AI, this information is available to early adopters. In particular, DeepSnitch AI turns raw data into profit-ready market intelligence, allowing you to front-run market movements like an insider.

DeepSnitch AI (DSNT) is now priced at $0.03830. So far, the project has raised $1.48 million as degens FOMO-buy in for the 100x returns.

For those worried about its credibility, DeepSnitch AI is audited by SOLIDproof and Coinsult. Also, the project has expressed clear AI utility despite being in the presale phase. As a result, many believe that missing out on DSNT could prove regrettable in the near future once the price moons.

2. Ethereum is in trouble as technical analysis signals more downturn

The daily chart on TradingView showed that the price of Ethereum sat at $2,143, down 4.1% from yesterday’s levels. Zooming out, the second-largest crypto by market cap is on a downtrend, having dropped over 30% over the last 30 days.

The Bolinger Bands also show that every recovery attempt after the drop below $3k has faced strong resistance at the mid-Bollinger Band. This pattern suggests that sellers are currently in control. As a result, ETH is now at a risk of falling below $2k according to the Ethereum news today.

In his recent analysis, Crypto Analyst backed the bearish momentum, stating that Ethereum’s MRV shows a potential drop to $1,959, before rebounding. If that happens, Ethereum may be due for a deeper downturn despite some network updates showing strong fundamentals.

3. XRP risks falling towards $1 amid market slump

The general crypto market drop, as indicated by recent ETH headlines, is also taking a toll on XRP. On Wednesday, the Ripple-backed coin dropped by 3.7% to trade at $1.54 as top altcoins mirrored Bitcoin’s drop.

At the current level, XRP only sits a small percentage short of the October 10-11 market crash, which saw XRP drop to $1.2. Continued drop, as indicated by the bearish divergence on the MACD, could see this coin drop towards the October lows, at least in the short-term.

Conclusion

The Ethereum news today shows that ETH may drop below $2k soon if selling pressure continues to mount. Before that happens, degens have already started to rotate into DeepSnitch AI, which has expressed high upside potential in 2026.

With the 300% bonus for purchases above $30k now live, many investors see this as an opportunity to make substantial profits, while others sleep on the opportunity.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs

1. Why is Ethereum falling now?

According to the ETH headlines, Ether is dropping due to deteriorated market sentiment. The recent drop shows broader bearish conditions, with expectations pointing to a probable dip below $2. However, investors are now rotating into DeepSnitch AI to capitalize on the 100x returns opportunity.

2. Is now a good time to buy ETH?

Ethereum is now facing a big blow as the price dipped below $2,200 on Wednesday. While this may present a buying opportunity, the Ethereum news today signals caution. For more gains, DeepSnitch AI may offer better gains in 2026.

3. What could trigger an Ethereum recovery?

While Ethereum is in a downward trend, strong network updates could fuel a buying spree, which would in turn drive the price higher. However, until then, DeepSnitch AI’s clear utility offers a tempting buying opportunity with up to 300% presale bonus.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.