Best Cryptocurrencies to Buy Today, February 2– Ethereum, Polkadot, Tron

Highlights:

• Ethereum is sitting on a long-term demand zone near $2,100, where buyers have stepped in during past market cycles.
• Polkadot is testing a key base around $1.50 and could recover if selling pressure continues to fade.
• TRON is stuck in a range, with $0.271 acting as the level that decides the next move.

The crypto market is down today after a wave of fresh liquidations hit the market over the weekend. According to CoinGlass data, $758.93 million was liquidated from the market in the past 24 hours, with long positions accounting for $587.52 million. Most of the top 10 cryptocurrencies have lost by double digits in the weekly chart. According to analysts at Kobeissi Letter, the latest liquidations were driven by the current market structure and liquidity issues. Most analysts have warned that the market should brace for more volatility, with BTC expected to fall to the $70,000 region.

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As of press time, the overall market cap is down 4.74% to $2.53 trillion. In addition, the trading volume is down 12.74% to $165.82 billion. The fear and greed index stands in the extreme fear zone at an index of 15 after the recent wave of liquidations in the market. With a very volatile start to the month, here are the best cryptocurrencies to invest in today.

Best Cryptocurrencies to Invest in Today

1. Ethereum (ETH)

ETH has been hit hard by the recent market pullback and is trading at $2,203, representing a 9.48% decrease on the daily chart. The market cap stands at $265.98 billion, while the trading volume has decreased by 1.13% to $49.94 billion. The coin is down 23.82% and 29.54% on the weekly and monthly charts, respectively.

Ethereum is trading at a critical long-term support zone on the monthly chart after a prolonged correction. The price has repeatedly fluctuated between $2,100 and $2,250. This area has acted as a strong demand during past cycles. Each dip into this zone has attracted buying interest.

The $2,250–$2,100 zone has served as a key support range for Ethereum $ETH over the past two years. pic.twitter.com/qWEDtg5Wxp

— Ali Charts (@alicharts) February 2, 2026

Above this range, Ethereum previously rallied toward $3,700 and $4,800. Therefore, this level remains structurally important. As long as ETH holds above $2,100, the broader bullish market structure stays intact. A sustained hold could trigger gradual accumulation and may fuel a recovery toward $3,000 first.

2. Polkadot (DOT)

DOT is currently trading at around $1.49, with a 3.38% decrease in the past day. Its trading volume is down 26.06% to $206.8 million, while the market cap stands at $2.47 billion. The native coin of the Polkadot blockchain has lost 30% in the past volatile month.

Polkadot is trading near a key support zone after months of steady decline. The price is holding the $1.45 to $1.5 area, which has absorbed selling pressure several times. This level defines the current market balance. At the same time, a descending trendline has been limiting any upside move recently. Buyers must reclaim the line to confirm any upside momentum.

Meanwhile, the MACD is showing weakening bearish momentum with fading red bars. This suggests sellers are losing strength. Above the current price, the first resistance sits near $2, and the next major barrier is around $2.5. If support holds, the price can build a base and later rally to $3.122 in the short term as the market recovers.

3. TRON (TRX)

The native coin of the TRON blockchain is trading at $0.2831, a 1.17% decrease in the past day. In addition, its trading volume is down by 7.53% to $852.72 million. Meanwhile, the market cap stands at $26.81 billion.

Tron is trading within a defined range after a failed push higher. The market rejected the price near the $0.319 resistance zone, and sellers forced a steady pullback. The price is now hovering around the $0.283 midrange level. This area acts as a short-term balance. Below it, the $0.271 support remains critical. Buyers have defended this zone multiple times before.

However, momentum is weakening. The RSI sits near 35 and is showing declining strength. However, the RSI has not reached oversold levels. A bounce from $0.271 could target $0.3 next. A clean break lower would open room toward $0.26 and below.

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