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Ethereum price extended losses and tested the $2,800 zone. ETH is now recovering some losses and might aim for more gains if it clears $2,960. Ethereum remained in a bearish zone and traded below $2,960. The price is trading just above $2,900 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,880 zone. Ethereum Price Eyes Steady Recovery Ethereum price failed to remain stable above $2,920 and extended losses, like Bitcoin. ETH price declined below $2,860 and $2,840 to enter a bearish zone. The bears even pushed the price below $2,800. The price finally tested $2,780 and is currently attempting a recovery wave. There was a move above the $2,880 resistance zone. The price cleared the 50% Fib retracement level of the downward wave from the $3,066 swing high to the $2,784 swing low. Besides, there was a break above a bearish trend line with resistance at $2,910 on the hourly chart of ETH/USD. Ethereum price is now trading just above $2,900 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,850, the price could attempt another increase. Immediate resistance is seen near the $2,960 level or the 61.8% Fib retracement level of the downward wave from the $3,066 swing high to the $2,784 swing low. The first key resistance is near the $3,000 level. The next major resistance is near the $3,020 level. A clear move above the $3,020 resistance might send the price toward the $3,065 resistance. An upside break above the $3,065 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,120 resistance zone or even $3,150 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,960 resistance, it could start a fresh decline. Initial support on the downside is near the $2,880 level. The first major support sits near the $2,840 zone. A clear move below the $2,840 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,765 region. The main support could be $2,720. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,840 Major Resistance Level – $2,960

Ethereum saw a sharp breakdown below the $2,800 level before quickly bouncing and attempting to reclaim $2,900, but the recovery still looks fragile. The sudden dip exposed how thin demand has become at key support zones, and while buyers are trying to stabilize the price, momentum remains weak. With volatility rising and sentiment turning defensive, Ethereum is entering a pivotal stretch where the next few weeks could define the broader trend for 2026. Bulls need to reclaim lost ground quickly, but repeated failures to hold higher levels suggest the market is still vulnerable to deeper downside if support breaks again. Related Reading: Bitcoin Indicator Falls Back To Post-Bear Market Levels: Investors Approach A Key Decision Point Adding to the pressure, a key US institutional demand proxy is flashing a warning sign. The 30-day simple moving average (SMA30) of the Ethereum Coinbase Premium Index has dropped to −0.08, reaching its lowest level since early 2023. This index tracks the pricing gap between Ethereum’s USD pair on Coinbase and the USDT pair on Binance, and deep negative readings typically indicate ETH is trading at a discount on Coinbase—often interpreted as weaker demand from US-based institutional buyers. This divergence matters because positive Coinbase premiums historically support sustained upside trends in Ethereum. With that premium now at a multi-year low, ETH’s attempt to recover above $2,900 is happening without strong confirmation from US “smart money,” increasing uncertainty around the next move. Coinbase Premium Hits Multi-Year Low A CryptoQuant report highlights a key warning signal for Ethereum: the Coinbase Premium Index, which measures the price gap between ETH/USD on Coinbase and ETH/USDT on Binance. Because Coinbase is widely viewed as a proxy for US institutional activity, a deeply negative premium typically indicates ETH is trading at a discount where “smart money” is most active, while Binance—often driven by global retail and whale flow—holds relatively stronger pricing. In practical terms, this spread helps reveal where demand is coming from and whether capital flows are supportive of a sustained trend. The current downside in the premium suggests a clear lack of buying pressure from US institutions. Even if global markets on Binance are stabilizing Ethereum’s price in the short term, the absence of American demand creates a bearish divergence. This matters because positive premiums underpin major ETH rallies; they signal the US-based accumulation and deep spot demand that drive price extensions. Without that backing, rallies are more likely to fade, and rebounds can become vulnerable to renewed selling pressure. The report flags this historic premium low as a warning: despite global resilience, the market lacks the US momentum that typically fuels a strong, immediate reversal. For bulls, the priority is not only reclaiming key price levels, but also seeing confirmation through premium recovery. Related Reading: Bitcoin Stuck In Bear Mode For 83 Days: Trend Pulse Confirms Structural Weakness Ethereum Attempts To Stabilize After Sharp Breakdown Ethereum is trading near $2,897 after a sharp breakdown below $2,800 that quickly reversed, allowing price to rebound back toward the $2,900 area. While the bounce suggests buyers are still defending the lower end of the current range, the overall structure remains weak. ETH has been trending lower from its late-2025 highs, and recent recovery attempts continue to fade before triggering a sustained reversal. Technically, Ethereum is still trading below its key trend averages, which keeps pressure on bulls. The 50-period moving average (blue) is positioned above the price and is beginning to roll over, signaling weakening short-term momentum. Related Reading: XRP Distribution Phase Continues, But Funding Rates Suggest Shorts Are Overextended The 100-period moving average (green) is also above current levels and sloping downward. This reinforces that traders are selling into rallies rather than following them with fresh demand. Together, these moving average bands have become a clear resistance zone that ETH must reclaim to shift the trend back in favor of buyers. At the same time, the 200-period moving average (red) remains below the price and continues to rise gradually, acting as a long-term structural support reference. As long as ETH holds above this curve, the move looks more like a corrective phase than a full macro breakdown. For bulls, the immediate objective is reclaiming $3,000, then pushing toward $3,150–$3,250 to challenge the 50/100 MA zone. If ETH fails to stabilize, downside risk remains open toward $2,750–$2,800. Featured image from ChatGPT, chart from TradingView.com 

Ethereum remains under pressure in a key support zone, teetering between a potential rebound and further decline. While bullish patterns like the cup-and-handle and ascending triangle are shaping up, confirmation is required before any decisive move. Last Defense Zone: $2,274–$2,104 And The Libra Reversal Setup Kamile Uray shared that Ethereum is currently trying to hold above the critical support zone between $2,775 and $2,623. This area has become a key battleground for bulls and bears, with buyers attempting to defend it to prevent further downside. If this support continues to hold, ETH could regain short-term stability and make another attempt to move higher. Related Reading: Ethereum Loses Structure After $3,220 Rejection — Is This Distribution Or Just The First Crack? On the upside, a sustained bounce from this zone could allow Ethereum to revisit the pink box resistance around the $3,445 level. A clean breakout above this resistance would activate bullish structures such as a cup-and-handle or an ascending triangle, signaling growing bullish momentum and opening the path toward the $3,894 level. However, this becomes possible if ETH manages to close above the $3,661 peak, confirming the formation of the first major high. The $3,894 level carries technical significance, as it represents the 0.618 Fibonacci retracement of the most recent downward wave. A decisive close above this level would suggest continuation of the recovery. Failure to hold above it, however, could trigger renewed selling pressure and lead to another corrective move lower. On the downside, if Ethereum loses the $2,623 support, a deeper decline toward the pink box zone between $2,274 and $2,104 would become likely. This area is notable for the potential formation of a bullish Libra pattern. Should reversal confirmation emerge from this zone, ETH could attempt another recovery phase, with the broader objective of retesting its previous highs. Waiting For Confirmation: ETH’s Next Move Depends On Price Action Ethereum is currently following the trajectory outlined by Crypto Candy in a recent update on X. As predicted, the asset dipped into the lower support range between $2,600 and $2,700 and is now attempting to stage a recovery from the zone. Should this upward momentum persist, the immediate objective for bulls is a return to the $3,070 level. Related Reading: Ethereum Poised For $4,000 Breakout? Expert Pinpoints On-Chain Triggers For Potential Rally However, for Ethereum to firmly re-enter bullish territory and shift the broader market structure, it must close decisively above the $3,070 threshold. This level serves as the primary gateway for any sustained recovery beyond the current relief rally. Until that breakout occurs, the prevailing market bias remains firmly bearish, as the failure to reclaim and hold above $3,070 suggests that the path of least resistance is still to the downside, with lower price points remaining the primary expectation for the short term. Featured image from Pexels, chart from Tradingview.com

XRP price extended losses and traded below $1.880. The price is now consolidating and might decline further if it remains below $1.920. XRP price started a fresh decline below the $1.90 zone. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $1.885 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.90. XRP Price Dips Further XRP price failed to stay above $1.950 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $1.920 and $1.90 to enter a short-term bearish zone. The price even spiked below $1.850. A low was formed at $1.810, and the price is now consolidating losses. There was a recovery wave above $1.850. The price cleared the 23.6% Fib retracement level of the downward move from the $1.963 swing high to the $1.810 low, but the bears remained active. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.8850 level and the 50% Fib retracement level of the downward move from the $1.963 swing high to the $1.810 low. There is also a key bearish trend line forming with resistance at $1.885 on the hourly chart of the XRP/USD pair. The first major resistance is near the $1.90 level. A close above $1.90 could send the price to $1.950. The next hurdle sits at $2.00. A clear move above the $2.00 resistance might send the price toward the $2.050 resistance. Any more gains might send the price toward the $2.120 resistance. The next major hurdle for the bulls might be near $2.20. Downside Break? If XRP fails to clear the $1.90 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.840 level. The next major support is near the $1.820 level. If there is a downside break and a close below the $1.820 level, the price might continue to decline toward $1.780. The next major support sits near the $1.750 zone, below which the price could continue lower toward $1.70. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $1.840 and $1.820. Major Resistance Levels – $1.8850 and $1.90.

Ethereum price extended losses and traded below the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $2,920. Ethereum remained in a bearish zone and traded below $2,950. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,800 zone. Ethereum Price Dips Further Ethereum price failed to remain stable above $2,950 and extended losses, like Bitcoin. ETH price declined below $2,880 and $2,865 to enter a bearish zone. The bears even pushed the price below $2,840. The price finally tested $2,800 and is currently consolidating losses. There was a minor upside above the 23.6% Fib retracement level of the downward wave from the $3,067 swing high to the $2,784 swing low. Ethereum price is now trading below $2,900 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,800, the price could attempt another increase. Immediate resistance is seen near the $2,920 level. There is also a bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD. The first key resistance is near the $2,960 level or the 61.8% Fib retracement level of the downward wave from the $3,067 swing high to the $2,784 swing low. The next major resistance is near the $3,000 level. A clear move above the $3,000 resistance might send the price toward the $3,065 resistance. An upside break above the $3,065 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,120 resistance zone or even $3,150 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,920 resistance, it could start a fresh decline. Initial support on the downside is near the $2,840 level. The first major support sits near the $2,800 zone. A clear move below the $2,800 support might push the price toward the $2,780 support. Any more losses might send the price toward the $2,720 region. The main support could be $2,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,800 Major Resistance Level – $2,920

For most of the week, the Ethereum price has remained in a range-bound spell, putting in no significant movement outside of the $3,000 and $2,880 price boundaries. Amid rising speculations, an on-chain analysis has recently been put out, which provides an answer to the question. Related Reading: Bitcoin Metric Suggests Miners Are In Recovery Mode — Price To Follow? Open Interest Across Exchanges Falls To $17 Billion In their latest QuickTake post on CryptoQuant, analytics platform Arab Chain reveals that there has been a fall in active Ethereum derivatives contracts across major exchanges, as indicated by data from the Ethereum: Open Interest-All Exchanges, All Symbol metric. Typically, rising Open Interest (OI) across exchanges indicates that more traders are entering leveraged positions. On the other hand, falling OI reflects more exits of leveraged positions, and by extension, reduced aversion to risk. In the Quicktake post, Arab Chain highlights that open interest across exchanges has dipped to about $16.9 billion, marking the lowest level reached since mid-December last year. This, in turn, reflects an overall reduction in risk appetite across the Ethereum derivatives market. Because there is less speculative activity, there are also reduced risks of liquidations. Hence, the Ethereum price stands a higher chance of consolidating.   Related Reading: Analyst Says You’re Not Bullish Enough On Ethereum – What Does He Mean? What’s Happening On Binance? While exchanges in general are recording significant pull-outs from the derivatives market, Binance has shown an outlier performance. Arab Chain highlights that the world’s largest exchange by trading volume has instead recorded about $7.5 billion in Open Interest. Interestingly, this reading slightly exceeds the December average range of $6.8–$7.4 billion.  The divergence between the Open Interest values across all exchanges and that of Binance suggests that, while market participants are reducing their risk exposure, there is still liquidity in the derivatives market. Rather than a blatant exit, it has been repositioned toward the deeper and more liquid venue. Arab Chain also explains that this behavior indicates a change in market operations from a higher-risk trading environment to one more price and risk efficient. In conclusion, the large traders are yet to make their exits but are merely reducing their exposure, while holding high-quality positions on Binance. In addition, Ethereum’s proximity to the $3,000 price — especially as OI declines — shows that the market has been absorbing the deleveraging events while showing little selling pressure. Ultimately, Binance’s OI retaining levels above December’s support the idea that the market still has strong derivatives backing. Hence, the broader picture remains bullish. As of this writing, Ethereum trades at $2,958, reflecting a 0.33% growth since the past day, according to CoinMarketCap data. Featured image from Pexels, chart from Tradingview.com

Recent remarks from BlackRock CEO Larry Fink have pointed toward the need for a single, unified blockchain for tokenized markets, and have intensified the focus on platforms capable of handling institutional-scale liquidity, compliance, and settlement. With its long track record in smart contracts, extensive developer ecosystem, and growing role in regulated financial products, Ethereum is now emerging as the most likely candidate to serve as the settlement layer for tokenized capital markets. Why Asset Managers Prefer Familiar Infrastructure In an X post, the Ethereum Daily shared a video in which BlackRock CEO Larry Fink made it clear that tokenization is necessary. Speaking at the World Economic Forum, Fink said the financial system must move rapidly toward digitization, adding that a single, common blockchain could reduce corruption and improve transparency across the global markets. Related Reading: Ethereum Gains Institutional Support, Though ETH Price Outlook Remains Contested While Fink did not name a specific network, the most plausible candidate could be ETH, based on BlackRock’s own initiatives and public statements that emphasized the role of ETH in asset tokenization. The firm has consistently highlighted ETH as a core platform for its on-chain strategy. Meanwhile, BlackRock launched its BUIDL tokenized money market fund directly on ETH, a product that has already grown to over $2 billion in total value locked. “There’s no second best,” Ethereum Daily noted. In the staking space, Bitmine has turned Ethereum staking into a multi-billion-dollar business. An analyst known as Milk Road has revealed that the company now has 1.83 million ETH staked, worth roughly $6 million at current prices, and plans to scale that figure toward 4.2 million ETH over time. Over the past months, Bitmine Immersion Technologies Inc. (BMNR) has accounted for nearly 50% of all new ETH entering the staking queue. Staking at this scale is important because it removes ETH from the liquid supply and locks it into long-term infrastructure rather than keeping it for short-term trading. When one player is willing to commit billions of dollars worth of ETH to staking, it reflects confidence in ETH’s future economic prospects. A lower liquid supply, combined with sustained network demand, will create structural pressure over time. How Support Built Through Multiple Market Cycles Analyst Milk Road has also highlighted that Ethereum is holding near a critical support zone around $3,000, hovering just above the lower boundary of its long-term rising structure, an area that has acted as a stress test for ETH throughout the cycle. Historically, when ETH drifts into this area, the market will need to decide whether the weakness is temporary or structural. Related Reading: Ethereum Maintains Structural Strength Despite Resistance Near $3,400 The $2,750 level remains the key line because it has repeatedly stopped downside pressure after macro-driven or narrative-driven pullbacks, making it a reliable floor for the broader trend. As long as ETH holds above that level, the broader multi-year uptrend will remain intact. Featured image from iStock, chart from Tradingview.com

Ethereum is currently trading under pressure after failing to push above the $3,000 level again over the past 24 hours, a move that is reflecting trader sentiment across the derivatives markets. ETH is currently trading at $2,925, down 2.7% on the day, after moving within a 24-hour range capped at $3,012.99 and finding lows around $2,909.60, according to price data from CoinGecko.  As price action weakens, a notable change has been developing, with on-chain data showing funding rates drifting toward negative territory and derivative positioning beginning to tilt more defensively. Funding Rates Slide As Shorts Gain Ground Ethereum’s failure to hold above $3,000 is an important psychological break for traders, especially after several failed attempts to hold above that level in January. Price action over the past week shows sellers maintaining control after ETH rejected around $3,360 on January 18, followed by a steady push lower toward the high-$2,900s.  Related Reading: The Ethereum MACD Crossover That Could Lead To A Massive Bull Wave Although the pullback has so far been orderly above $2,900, this decline has come alongside fading momentum across the derivatives market. One of the clearest signals for this can be seen in Ethereum’s OI-weighted funding rate, which has been steadily compressing and is now edging toward negative levels. At the time of writing, Ethereum’s OI-weighted is at 0.0008%, close to breaking into negative territory and far below readings around 0.009%, which it registered earlier in the month. Funding rates turning negative typically indicate that short positions are paying longs, meaning stronger demand for downside exposure. Funding spikes that previously accompanied the price rebound in early January have faded, and the overall trend suggests bearish positioning is slowly gaining the upper hand. Open Interest, Liquidations, And What’s Next Although Ethereum’s price action fell below $3,000, derivatives traders have stayed in the market, keeping total open interest at high levels. Data from CoinGlass shows aggregate Ethereum open interest increasing by 0.68% in the past 24 hours, which shows that many traders are not exiting Ethereum entirely. At the time of writing, the total open interest is sitting at about 13.36 million ETH, equivalent to roughly $39.19 billion. Related Reading: Ethereum’s 4-Hour Chart Says A Big Dump Is Coming, Here’s The Target Looking across major exchanges, Binance has the largest share of ETH open interest, accounting for about $8.95 billion, but it is down by 0.8% in the past 24 hours. CME follows with approximately $5.73 billion in open interest, up by 3.72% in the past 24 hours. Gate comes next at around $4.01 billion, while MEXC comes in close at $3.51 billion worth of ETH open interest. Over the past 24 hours, Ethereum liquidations totaled $64.34 million, with long positions ($52.52 million) accounting for the majority of losses. A hold above $2,900 could allow Ethereum’s funding rates to normalize and open the door for another rebound attempt to $3,000. However, a continued fall in funding rates into negative territory could see bearish control pushing Ethereum below $2,900. Featured image from Pexels, chart from Tradingview.com

Ethereum price started a minor recovery wave from the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $3,050. Ethereum started a consolidation phase below $3,050. The price is trading below $3,040 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,900 zone. Ethereum Price Aims Recovery Ethereum price failed to remain stable above $3,050 and extended losses, like Bitcoin. ETH price declined below $3,000 and $2,920 to enter a bearish zone. The bears even pushed the price below $2,880. The price finally tested $2,865 and is currently consolidating losses. There was a minor upside above the 23.6% Fib retracement level of the downward wave from the $3,365 swing high to the $2,865 swing low. Besides, there was a break above a contracting triangle with resistance at $2,950 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,040 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,900, the price could attempt another increase. Immediate resistance is seen near the $3,050 level. The first key resistance is near the $3,110 level or the 50% Fib retracement level of the downward wave from the $3,365 swing high to the $2,865 swing low. The next major resistance is near the $3,175 level. A clear move above the $3,175 resistance might send the price toward the $3,220 resistance. An upside break above the $3,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,280 resistance zone or even $3,300 in the near term. Another Drop In ETH? If Ethereum fails to clear the $3,050 resistance, it could start a fresh decline. Initial support on the downside is near the $2,910 level. The first major support sits near the $2,880 zone. A clear move below the $2,880 support might push the price toward the $2,865 support. Any more losses might send the price toward the $2,820 region. The main support could be $2,750. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,880 Major Resistance Level – $3,050

Ethereum price started a fresh decline from the $3,000 resistance. ETH is now consolidating losses and might aim for a recovery if it clears $3,120. Ethereum started another decline and traded below $2,920. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,900 zone. Ethereum Price Attempts Recovery Ethereum price failed to remain stable above $3,050 and started a fresh decline, like Bitcoin. ETH price declined below $3,020 and $3,000 to enter a bearish zone. The bears even pushed the price below $2,920. The price finally tested $2,865 and is currently consolidating losses. There was a minor upside above the 23.6% Fib retracement level of the recent downward move from the $3,366 swing high to the $2,865 swing low. Besides, there was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,050 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,900, the price could attempt another increase. Immediate resistance is seen near the $3,065 level. The first key resistance is near the $3,100 level. The next major resistance is near the $3,120 level and the 50% Fib retracement level of the recent downward move from the $3,366 swing high to the $2,865 swing low. A clear move above the $3,120 resistance might send the price toward the $3,175 resistance. An upside break above the $3,175 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,220 resistance zone or even $3,300 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,065 resistance, it could start a fresh decline. Initial support on the downside is near the $2,980 level. The first major support sits near the $2,900 zone. A clear move below the $2,900 support might push the price toward the $2,840 support. Any more losses might send the price toward the $2,780 region. The main support could be $2,720. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,900 Major Resistance Level – $3,065

Ethereum has slipped below the $3,000 level again as selling pressure returns across the broader crypto market, keeping bulls on the defensive after a brief recovery attempt. The move back under this psychological zone suggests that traders remain cautious, with downside volatility re-emerging as risk appetite fades and liquidity thins near key support levels. Related Reading: Binance Order Flow Suggests Ethereum Is In Correction Mode: Demand Still Missing However, while price action looks heavy in the short term, on-chain data is flashing a different signal beneath the surface. According to Arab Chain, Ethereum reserves held across centralized exchanges have dropped to around 16.2 million ETH, marking their lowest level since 2016. That milestone matters because it highlights a steady, long-duration trend of withdrawals rather than a sudden one-off event. In practical terms, fewer coins sitting on exchanges typically means less immediate supply available for spot selling, especially during periods of market stress. This behavior can reflect a shift away from short-term trading and toward longer-term holding, self-custody, or deployment in DeFi. Ethereum remains vulnerable as price struggles below $3,000. Still, the persistent reserve decline suggests that supply conditions may be tightening in the background, setting the stage for a sharper reaction if demand returns. Binance Reserves Keep Falling The CryptoQuant analysis also points to a similar reserve drawdown on Binance, reinforcing the broader exchange supply contraction narrative. Since the beginning of 2026, Binance’s Ethereum reserves have dropped from roughly 4.168 million ETH to around 4.0 million ETH, signaling steady withdrawals even as the price remains under pressure. This matters because Binance is often the main liquidity hub for ETH spot and derivatives, so shifts in its reserve balance can reflect real changes in market positioning. What stands out is that this decline is happening without a meaningful rebound in inflows. In other words, ETH is not rotating back onto exchanges aggressively, suggesting sellers are not rushing to increase liquid supply at current levels. That dynamic typically aligns with a market where investors prefer holding behavior over active distribution. Either moving ETH to cold storage or deploying it across DeFi. While reserves falling does not guarantee an immediate rally, it can change the supply-demand equation over time. With fewer coins sitting on exchanges, the market becomes more reactive if demand returns suddenly, as there is less readily available ETH to absorb buy pressure. If Ethereum manages to reclaim key resistance levels, this supply tightening could amplify upside follow-through. Related Reading: XRP Leverage Builds Without Overheating: Open Interest Climbs And Volatility Spikes Ethereum Loses $3,000 as Bears Regain Control Ethereum is showing renewed weakness after failing to hold above the key $3,000 level, with price now hovering near $2,970 on the daily chart. After briefly stabilizing earlier this month, ETH attempted a rebound toward the $3,300–$3,400 supply zone. But momentum faded quickly as sellers stepped back in and pushed the market lower. From a technical perspective, Ethereum remains trapped below its major moving averages, reinforcing the bearish structure. The recent rejection near the descending trend of the 200-day average signals that upside attempts are still being capped by overhead resistance. Keeping bulls on the defensive. At the same time, the breakdown below $3,000 shifts market sentiment back into risk-off mode. Especially as crypto traders remain sensitive to broader macro uncertainty. Related Reading: Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets The current price action also reflects a fragile recovery attempt rather than a confirmed reversal. ETH’s latest drop places focus on the $2,850–$2,900 region as the next support area. An area where buyers previously stepped in during earlier selloffs. If this zone fails to hold, the market could revisit deeper levels from the previous correction phase. For bulls to regain control, Ethereum must reclaim $3,000 quickly and build stronger demand above that threshold.

Ethereum has taken a sharp turn after facing a firm rejection at the $3,220 level, with price breaking structure and slipping into a weaker posture. The speed of the drop and lack of strong buying interest raise an important question for traders: Is this merely an early warning sign within a broader uptrend, or the start of a deeper distribution phase that could pressure ETH further in the near term? Rejection At $3,220 Signals Distribution, Not A Shakeout Crypto analyst PEPE is Friend highlighted that Ethereum’s sharp rejection at the $3,220 level was deliberate rather than random. The drop was clean, with key structure breaking down, selling pressure accelerating, and price quickly flushing toward the $3,106 area, aligning with a classic distribution behavior rather than a simple shakeout. Related Reading: Ethereum Poised For $4,000 Breakout? Expert Pinpoints On-Chain Triggers For Potential Rally Assessing the current price reaction, there are still no signs of a true reversal. The bounce has been notably weak, trading volume remains thin, and buyers have yet to show a strong commitment. Instead of signaling renewed bullish momentum, the move higher appears to be a technical pullback within a broader weakening structure. The key technical zone remains well-defined. ETH is trading below the former support band between $3,170 and $3,200. As long as the price stays below this range, any upside move is likely to be viewed as a selling opportunity rather than the start of a sustained recovery.  When this price action is viewed alongside Ethereum spot ETF data, the picture becomes clearer. While ETF flows remain positive daily, they lack strong momentum or a standout confirmation day. Capital appears to be absorbed rather than aggressively deployed, suggesting institutional demand is not yet strong enough to drive a decisive breakout. Until that changes, sellers are expected to remain in control below the $3,170–$3,200 resistance zone. Ethereum Slips Below $3,062 As Bears Regain Short-Term Control In an X post, Kamile Uray noted that Ethereum has closed below the $3,062 level, shifting attention toward the next major downside zone at $2,623. This level is now critical, as holding above it could allow ETH to stabilize and attempt another recovery move. Related Reading: Ethereum Maintains Structural Strength Despite Resistance Near $3,400 On the upside, a clean break above the pink-box resistance near $3,445 would activate bullish formations such as a cup-and-handle or an ascending triangle, opening the door for a move toward the $3,894 area. Further strength would be confirmed if ETH manages to close above the $3,661 high, which would mark the first higher high on the daily chart relative to the previous downtrend, improving the bullish outlook. Still, $3,894 remains a key level, as it aligns with the 0.618 Fibonacci retracement of the last decline. On the downside, a clear break below the $2,623 low would expose ETH to deeper losses, with the $2,274–$2,104 zone emerging as the next major support area. This region hosts a potential bullish “Libra” reversal setup, and Ethereum could once again attempt a bounce toward its previous all-time high if reversal confirmation appears there. Featured image from iStock, chart from Tradingview.com

Ethereum price started a fresh decline from the $3,200 resistance. ETH is now consolidating losses and is at risk of more losses below $2,880. Ethereum started a sharp downside correction below $3,000. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,880 zone. Ethereum Price Dips Over 5% Ethereum price failed to remain stable above $3,200 and started a fresh decline, like Bitcoin. ETH price declined below $3,150 and $3,120 to enter a bearish zone. The bears even pushed the price below $3,000. The price finally tested $2,910 and is currently consolidating losses below the 23.6% Fib retracement level of the recent downward move from the $3,367 swing high to the $2,910 swing low. There is also a key bearish trend line forming with resistance at $3,020 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,000 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,880, the price could attempt another increase. Immediate resistance is seen near the $3,020 level. The first key resistance is near the $3,080 level. The next major resistance is near the $3,120 level. A clear move above the $3,120 resistance might send the price toward the $3,150 resistance or the 50% Fib retracement level of the recent downward move from the $3,367 swing high to the $2,910 swing low. An upside break above the $3,150 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,220 resistance zone or even $3,300 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $3,020 resistance, it could start a fresh decline. Initial support on the downside is near the $2,920 level. The first major support sits near the $2,880 zone. A clear move below the $2,880 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,750 region. The main support could be $2,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,880 Major Resistance Level – $3,020

As the Ethereum (ETH) price retests a crucial support zone, BitMine revealed it has added another $110 million worth of ETH to its treasury holdings over the past week, approaching an important milestone for the company’s investment strategy. Related Reading: Solana At Risk Of Breakdown After Key Rejection – Is $100 Next? BitMine’s Ethereum Bet Continues On Tuesday, BitMine, a Bitcoin and Ethereum Network Company with a focus on accumulating crypto for long-term investment, announced its holdings had reached 4.2 million ETH tokens after acquiring 35,268 ETH, worth roughly $110 million, in the past week. As a result, the company, which is the largest Ethereum Treasury company in the world and the second-largest global treasury, has crypto and cash holdings totaling $14.5 billion at current prices. According to the announcement, the company now owns 4,203,036 ETH at $3,211, 193 Bitcoin (BTC), a $22 million stake in Eightco Holdings as part of its “Moonshots” initiative, and unencumbered cash worth $979 million. After the latest purchase, BitMine now holds 3.48% of ETH’s total supply, and nears its goal to control 5% of the leading altcoin’s 120.7 million supply. Notably, it has achieved nearly 70% if “Alchemy of 5%” target in just six months. BitMine’s chairman, Thomas “Tom” Lee, stated that “Ethereum’s price ratio to Bitcoin, or ETHBTC, has been steadily climbing since mid-October. In our view, this reflects investors recognizing tokenization and other use cases being developed by Wall Street are being built on Ethereum.” As of January 19, 2026, BitMine’s total staked ETH stands at 1,838,003, worth $5.9 billion at $3,211 per ETH, an increase of 581,920 ETH in the past week. ETH Price At Crucial Support Zone Despite BitMine’s constant bet on the cryptocurrency, Ethereum retraced nearly all its 2026 gains after falling below the $3,000 barrier. On Tuesday, ETH recorded a 6.8% decline in the daily timeframe, dropping from the $3,200 area to a three-week low of $2,980. The King of altcoins has been trading between the $2,600-$3,350 area since the November pullbacks, reclaiming the upper zone of this range during the start of the year rally. Now, ETH is retesting an important multi-support area that could define the cryptocurrency’s short-term performance. Analyst World of Charts affirmed that there are two “simple” possibilities for Ethereum. If the price loses the $3,000 area, which serves as the mid-zone of its local range and a key macro support and resistance level, then a retest of the $2,600 lows becomes likely. On the contrary, if the altcoin holds this zone in the daily timeframe and momentum builds, it could retest the range’s upper boundary resistance again. Related Reading: Bitcoin Senses Risk As Trump Balks At Europe With Major Tariffs Amid the pullback, another pseudonym market observer also pointed out that ETH is currently retesting its 50-day Moving Average (MA), which was reclaimed at the start of the year and currently sits at the $3,089 level. According to the post, if the 50-day MA holds, a move to the 200-day MA, located around the $3,650 area, could come next. “All eyes [are] on a close above the 50-day MA, which will point to a successful back test,” he added. As of this writing, ETH is trading at $2,999, a 7% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Ethereum is trying to stabilize above the $3,100 level after failing to break the $3,400 resistance, as the broader crypto market struggles to recover momentum. While bulls managed to defend key support in recent sessions, price action remains fragile and highly reactive, with sellers still showing up on rallies. ETH is stuck in a tight range, and traders are watching closely to see whether this pullback turns into a deeper correction or simply a reset before the next move higher. Related Reading: Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets A report from Arab Chain highlights that Binance data is signaling a sensitive phase for Ethereum at the start of 2026. According to the analysis, ETH is trading near the $3,200 zone, but market flow conditions remain tilted to the downside. The Accumulated Order Flow (CVD) indicator sits at approximately -3,676, suggesting that net selling pressure is still dominating short-term activity. In simple terms, more aggressive sell orders are hitting the market than buy orders, even as price attempts to hold recent levels. This divergence between price stabilization and negative flow reflects a market that is not collapsing, but also not attracting strong demand yet. As Ethereum defends support, the next test will be whether buyers can reclaim $3,300 and challenge the $3,400 ceiling again, or if weakness drags price back toward deeper support zones. Ethereum Holds Despite Negative Binance Order Flow Arab Chain notes that even though Ethereum’s CVD remains negative, the relationship between price and liquidity flows is not fully broken. According to the report, the 30-day correlation between ETH price and CVD sits near 0.62, which is a relatively constructive reading. This pattern suggests that price action partially aligns with volume behavior, even though liquidity currently tilts toward selling rather than fresh buying. In other words, Ethereum is not trading in a vacuum—flows still matter—and the market is reacting in a way that reflects real positioning. From a broader perspective, ETH’s gradual decline to its current levels signals a correction phase following its previous upside surge. Historically, this is the type of environment where short-term investors take profits and reduce exposure, while larger players begin to rebalance portfolios and slowly rebuild positions. Instead of an immediate trend reversal, the market often transitions into sideways price action as both sides test liquidity. The key issue is that CVD remains negative, meaning demand has not yet become strong enough to flip the short-term flow structure. However, Ethereum’s ability to hold above the $3,000 level points to underlying support that is limiting downside acceleration. This mismatch—weak momentum in volume flows but stable price behavior—often precedes quieter consolidation periods that can later set the foundation for stronger upside once liquidity conditions improve. Related Reading: XRP Longs Get Wiped: Binance Leads $5M Liquidation Wave EETH Bulls Fight to Reclaim $3,100 Ethereum is trying to stabilize above the $3,100 level after a sharp rejection from the $3,400 supply zone, with price now trading near $3,111. The chart shows ETH still recovering from the broader downtrend that started after the November breakdown, but the structure remains fragile as sellers continue defending every attempt to push higher. From a technical perspective, the $3,300–$3,400 region stands out as the key resistance cluster. Price has repeatedly failed in this area, and the latest rejection confirms it remains a major distribution level. At the same time, Ethereum is holding above its short-term moving average near $3,050–$3,100. Suggesting buyers are still active, defending the current range. Related Reading: Monero Triggers Retail Alert That Preceded ZEC And DASH Drops As Privacy Coin Hype Returns However, ETH remains capped below the mid-term moving averages, which are trending lower and acting as dynamic resistance. This keeps the market in a “recovery inside a downtrend” setup unless bulls can flip those levels back into support. Volume has also remained relatively muted during the rebound, signaling that the move still lacks aggressive follow-through. Ethereum appears stuck in consolidation. With $3,000 as the critical floor and $3,400 as the breakout trigger needed to shift market sentiment. Featured image from ChatGPT, chart from TradingView.com 

As Ethereum (ETH) kicks off the year with a recovery past the critical $3,000 threshold amid a broader cryptocurrency market rally in early 2026, it continues to struggle against a key resistance level at $3,400. Currently, the second-largest cryptocurrency is entering a consolidation phase below this significant mark. Technical analyst Ali Martinez has suggested that should the buying momentum observed in recent weeks persist, Ethereum could soon embark on a new rally that might bring it closer to reaching all-time high levels.  Ethereum Poised For Potential Price Breakout In a recent update shared on social media platform X (formerly Twitter), Martinez pointed to on-chain indicators suggesting a fresh bullish sentiment among Ethereum investors. Notably, daily active addresses on the Ethereum network have surged, doubling to exceed 800,000 in just two weeks. Related Reading: XRP Price Could Surge Another 30% If This Trend Is Confirmed Martinez’s analysis further hints at a potential correlation with the rising demand for Ethereum exchange-traded funds (ETFs). Since December 29, these investment vehicles have accumulated approximately 158,545 ETH, a sum valued at around $520 million, adding to the positive outlook for the altcoin.  This heightened on-chain activity has created substantial support levels for Ethereum’s price action looking ahead, particularly between $2,772 and $3,109 that could prevent a new drop below these key marks.  Martinez believes that if these support levels remain intact and buying pressure continues, a breakout above the crucial $3,400 resistance could pave the way for a significant rally toward $4,000—representing an increase of approximately 24.33% from its current trading level of around $3,217. What Lies Ahead For The Altcoin? Other analysts, such as those from BitBull, share an optimistic view of ETH’s price trajectory. The analyst has identified a potential inverse head and shoulders pattern forming in the 10-day chart, which could lead to a bullish price target of $5,000. This projection implies a remarkable 55.48% increase, exceeding last year’s record highs. However, despite these bullish forecasts, Ethereum’s price has fallen by 3% within a 24-hour period, according to CoinGecko data. The cryptocurrency has yet to demonstrate the bullish momentum necessary to meet these targets. Related Reading: Bitcoin Bulls Fired Up As Saylor Teases ‘Bigger Orange’ After Huge Buy Another encouraging factor for investors looking for upward price movement is liquidity. Market expert Ted Pillows recently noted that, following Ethereum’s latest price drop, the maximum pain point appears to lean upward.  Historically, large investors and institutions have tended to “hunt” liquidity levels, which helps to reset positioning in the market and evacuate numerous retail investors.  With approximately $3.4 billion in short positions at risk if Ethereum successfully breaches the $3,400 mark in the days ahead, the possibility of a significant price movement looms.  Featured image from DALL-E, chart from TradingView.com 

Ethereum price started a fresh decline from the $3,300 resistance. ETH is now consolidating losses and is at risk of more losses below $3,150. Ethereum started a sharp downside correction below $3,250. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $3,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,160 zone. Ethereum Price Struggles Below Resistance Ethereum price failed to remain stable above $3,280 and started a fresh decline, like Bitcoin. ETH price declined below $3,250 and $3,220 to enter a bearish zone. The bears even pushed the price below the 61.8% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. The price finally tested $3,160 and is currently consolidating losses. There is also a short-term declining channel forming with resistance at $3,210 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,220 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $3,160, the price could attempt another increase. Immediate resistance is seen near the $3,220 level. The first key resistance is near the $3,260 level. The next major resistance is near the $3,280 level. A clear move above the $3,280 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,400 resistance zone or even $3,450 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $3,220 resistance, it could start a fresh decline. Initial support on the downside is near the $3,160 level. The first major support sits near the $3,140 zone or the 76.4% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. A clear move below the $3,140 support might push the price toward the $3,080 support. Any more losses might send the price toward the $3,050 region. The main support could be $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,160 Major Resistance Level – $3,220

The Ethereum (ETH) 4-hour chart is flashing warning signs as price hovers around a critical support zone. After months of sideways trading, ETH remains trapped in a consolidation, signaling weakening momentum amid uncertain broader market conditions. According to a crypto analyst, ETH’s 4-hour chart suggests that the cryptocurrency could be heading for a major price dump if buyers fail to regain control.  Ethereum Price Chart Signals Major Crash Ahead A new market analysis by crypto expert Tyrex draws attention to a 4-hour chart, warning that ETH may be preparing for another price crash. Tyrex noted that Ethereum recently bottomed inside the purple rectangle on the lower timeframe, where price dipped below a key support around $3,260, briefly triggering a liquidity sweep. The move, however, was quickly reversed, indicating it was a fakeout rather than a true bearish breakdown. Related Reading: The Ethereum MACD Crossover That Could Lead To A Massive Bull Wave Even after the rejection, the analyst revealed that Ethereum’s broader 4-hour pattern remains largely unchanged. He stated that ETH has also repeatedly returned to the same support area, raising concerns that demand may be weakening. Notably, when price keeps revisiting the same lows, it often signals growing pressure, not strength.  On the chart, Ethereum is now consolidating just above the highlighted support zone. Momentum has slowed compared to the earlier impulsive rally, and the price is still struggling to gain upward traction. Instead of continuation, the market appears to be hesitating at a critical area.  According to Tyrex, this hesitation could be a major risk. Repeatedly retesting the same lows makes the market more vulnerable, increasing the likelihood of a deeper price dump. Notably, each retest makes it easier for sellers to break through support as buyers gradually lose control.  The analyst’s chart also outlines a potential path lower if support gives way. A drop beneath the purple zone would put Ethereum at risk of sliding toward the next downside area between $3,209 and $3,221. At the time of Tyrex’s analysis, ETH was trading around $3,312, which means a move to this range would have represented a roughly 3% decline. However, as of writing, Ethereum has dropped to $3,200–which is already below the analyst’s initial breakdown target. This suggests that upward momentum has weakened further, and the recent price drop could signal an even larger decline, according to Tyrex’s analysis.  Analyst Recommends A “Wait And See” Approach While the Ethereum price navigates bearish trends, Tyrex has advised investors and targets to adopt a wait-and-see approach. He indicated that ETH’s outlook is not entirely bearish. According to him, if Ethereum can hold above $3,230, it would shift his bearish bias to a cautiously bullish one.  Related Reading: Ethereum Chart Turns Bullish: New Cycle Energy Points To $5,000 Maintaining that level suggests buyers are defending the range and preventing further downside. In that scenario, ETH could stabilize and potentially climb toward $3,420, as highlighted by the green zone on the chart. Featured image from Pixabay, chart from Tradingview.com

Ethereum price started a fresh decline from the $3,400 resistance. ETH is now consolidating losses and holding the key support at $3,200. Ethereum started a sharp downside correction below $3,320. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,180 zone. Ethereum Price Dips To Support Ethereum price failed to remain stable above $3,300 and started a fresh decline, like Bitcoin. ETH price declined below $3,280 and $3,250 to enter a bearish zone. There was a break below a bullish trend line with support at $3,220 on the hourly chart of ETH/USD. The pair even declined below the 50% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. The price finally tested $3,180. Ethereum price is now trading below $3,250 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $3,180 or the 61.8% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high, the price could attempt another increase. Immediate resistance is seen near the $3,230 level. The first key resistance is near the $3,250 level. The next major resistance is near the $3,280 level. A clear move above the $3,280 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,400 resistance zone or even $3,450 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,250 resistance, it could start a fresh decline. Initial support on the downside is near the $3,200 level. The first major support sits near the $3,180 zone. A clear move below the $3,180 support might push the price toward the $3,120 support. Any more losses might send the price toward the $3,050 region. The main support could be $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,180 Major Resistance Level – $3,280

Ethereum continues to show resilience, holding its ground above key support levels even as price faces firm resistance near the $3,400 zone. The ability to sustain strength after recent gains highlights improving market structure, suggesting that buyers remain in control. As long as ETH stays supported above its critical trend levels, the broader upside narrative remains intact despite near-term hesitation. Daily Bull Market Support Band Holds As Key Reversal Zone Luca, in a recent ETH update shared on X, pointed out that Ethereum’s market structure has strengthened considerably over the past several days. The price has been able to hold above the 1D Bull Market Support Band, a level that has acted as a reliable reversal zone multiple times over the last couple of months. This sustained hold suggests improving market confidence and a reduction in immediate downside risk. Related Reading: Ethereum Price Pushes Toward Breakout Levels, Bulls Smell Opportunity Alongside this structural improvement, ETH successfully reclaimed the 0.618 Fibonacci point of interest around the $3,100 region. This level is often viewed as a critical threshold in corrective phases, and holding above it typically signals that buyers are gaining the upper hand.  Despite the positive developments, Ethereum has not moved higher without hesitation. ETH’s price recently faced rejection near the 0.5 Fibonacci level around $3,400, an outcome Luca noted was largely expected. Historically, this area has acted as a significant decision point, often attracting selling pressure and temporary pullbacks before the market decides on its next direction. Looking forward, Luca believes the overall outlook remains constructive as long as ETH continues to trade above the 1D Bull Market Support Band and the 0.618 Fibonacci level. Maintaining these supports would keep the path open for renewed upside attempts, even if short-term consolidations occur, and the analyst’s positioning remains unchanged. ETH Above Daily 200MA, Structure Remains Constructive According to a recent post by Daan Crypto Trades, Ethereum is still advancing gradually while respecting the Daily 200-day moving average against Bitcoin. This type of slow, methodical grind often signals strength beneath the surface, suggesting that buyers remain in control even without aggressive momentum. Related Reading: Ethereum’s Q1 Outlook: Analyst Shares Historical Setup As Price Nears Key Resistance The analyst explained that prolonged consolidations and steady climbs like this typically resolve with an acceleration phase. Should ETH break out with stronger upside momentum, it could serve as a trigger for renewed interest across the altcoin market, helping lift sentiment and price action. However, the structure remains conditional. Holding the Daily 200MA, highlighted in purple, is critical to maintaining this constructive setup. In parallel, Bitcoin must stay above the $94,000 level to maintain the broader low-timeframe bullish structure. As long as these conditions are met, the path of least resistance continues to favor further upside. Featured image from iStock, chart from Tradingview.com

Over the week, Ethereum struggled to sustain any significant move to the upside. Although the second-largest cryptocurrency reclaimed the $3,300 price level, it could not break above $3,400 to continue its path towards higher price levels. As it stands, it appears that the Ether token is taking on a short-term bearish structure. However, an on-chain evaluation has recently been put out, which suggests that market participants might be gearing up for a significant move in the near-term. Related Reading: The Ethereum MACD Crossover That Could Lead To A Massive Bull Wave Ethereum Futures Activity Reaches Monthly High Following Market Inactivity In a recent QuickTake post on the CryptoQuant platform, analytics group Arab Chain reveals that there has recently been a spike in futures trading activity on the Binance derivatives market. This revelation is based on the Binance: ETH Futures Daily Volume metric, which monitors the total value of Ethereum futures contracts being traded on Binance each day, hence reflecting market activity, trader participation, and potential leverage exposure. The latest reading of the metric has highlighted a major shift, with trading volume climbing as high as $21.7 billion. According to Arab Chain, this reading marks the highest level since mid-December, reflecting that strong momentum has returned to the futures market.   Notably, the spike in futures trading volume was preceded by a period of relative decline in the second half of December. This event coincides with a period of price stability, alongside a tapering risk appetite among traders. Interestingly, institutional investors also contributed prevalent aversion to risk.  Arab Chain explains that the decline is a typical sign that market participants want to “wait and see,” instead of speculatively opening large positions. However, the present scenario — where futures volume surged — paints an opposing story. As the futures trading volume reflects levels above its mid-December high, it becomes apparent that interest among Ethereum traders is being rekindled. This is because increasing futures volume “is typically associated with higher leverage usage, hedging activity, and speculative positioning” — a line up which indicates that the market is preparing for significant movement. The reason for this spike could also be attributed to traders who are reacting to key technical levels or shifting expectations around near-term price action of a potential trend reversal. In the grand scheme, however, the Ethereum price reacts to this activity, depending on the alignment of spot demand with derivatives activity. Till such a definite sign comes up, the market stands at a point of uncertainty. Related Reading: Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why ETH Price Overview As of this writing, Ethereum stands at a price of $3,292, reflecting no real growth since the past day. Featured image from Flickr, chart from Tradingview

Ethereum finds itself in an unusual position where the fundamentals are strengthening, but capital flows remain hesitant. On-chain activity and the real-world tokenization of assets point to a network that is becoming increasingly useful and more deeply embedded in financial infrastructure. The price action movement shows that ETH is stuck in a range where it is struggling to attract sustained momentum. Why Fundamentals And Price Are Diverging Ethereum is stuck in the middle, with the price hovering around $3,300, which is slightly up from earlier this month, but it remains compressed within the same triangle that has been forming since November. An investor known as Pepeisfriend mentioned on X that this kind of price action usually means pressure is building and a move is coming. However, the direction hasn’t been specified.  Related Reading: Ethereum Outlook Has Improved, And It Could Outperform Bitcoin – Here’s What To Know As a result of this move, big money doesn’t seem very excited. ETH whales have been slowly reducing their exposure since mid-December, with no panic selling, just lightening positions. This kind of behavior signals a lower willingness from large investors to carry risk at these levels. The ETF flows have shown that there have been a few days of positive inflows, but the overall net flows are still negative, showing institutions haven’t truly rotated back into ETH the way they did during the previous hype phase. Meanwhile, Decentralized Finance (DeFi) activity looks weaker, and total value locked (TVL) has dropped noticeably, suggesting that on-chain capital is either leaving or just sitting on the sidelines. When DeFi isn’t active, ETH struggles to generate sustained upside momentum. Related Reading: Ethereum Price Finds Balance at Support—But the Next Move Matters Investor Pepeisfriend concluded that ETH isn’t bearish, but also not inspiring confidence for a breakout. This is a clear “wait for confirmation” phase that must be held, but probably still too early to go all-in or expect an immediate breakout. The Moment That Will Look Obvious In Hindsight While the market is obsessed with layer-1 competition, Ethereum is transitioning from a speculative asset into a yield-bearing, productive asset. Analyst Senior pointed out that on January 15, 2026, Sharplink Gaming deployed $170 million worth of ETH into a combined staking and restaking strategy on Linea. This move shows that institutional treasuries have moved beyond simple accumulation to active yield generation. At the same time, Visa is piloting stablecoin payouts directly on-chain, and EIP-7702 infrastructure is finally going live to eliminate biometric authentication seed phrases via Face ID. The user experience gap that once held ETH back has officially closed. This is the moment ETH is positioning itself as the most secure and liquid on-chain neobank financial platform in the world, and why the $3,500 breakout attempt will feel obvious. Featured image from Pexels, chart from Tradingview.com

Ethereum is showing bullish technical strength, with momentum indicators beginning to tilt back in favor of buyers. After weeks of uneven price action, the ETH/USD chart on the 3-day timeframe is now printing a MACD bullish crossover, a signal that has preceded some of Ethereum’s rallies in the past.  The setup is notable because it proposes a situation where Ethereum is laying the groundwork for another sustained rally that plays throughout the entirety of 2026. Bullish MACD Crossover For Ethereum The latest analysis shared by Javon Marks points to Ethereum climbing steadily following another MACD bullish crossover in December 2025. This bullish crossover is visible on the 3-day chart, where the MACD line crossed above the signal line from below.  Related Reading: Ethereum Chart Turns Bullish: New Cycle Energy Points To $5,000 This is a change that shows downside momentum has faded and bullish pressure is starting to rebuild among Ethereum traders. At the time of writing, Ethereum is trading around the $3,300 region, about 33% below its August 2025 peak, but holding above swing lows in November 2025. According to Javon Marks, this recent price action is potentially the early stages of a much larger bull wave. This projection is based on the fact that the current crossover looks like an earlier crossover that occurred before Ethereum transitioned into an extended upside move in early 2025. Back in April 2025, the 3-day MACD also recorded a bullish crossover after an extended period of consolidation and pullbacks that lasted for a few months. That signal was the start of a multi-month rally that steadily pushed Ethereum higher, eventually culminating in a new all-time high in August 2025. Price action following that April crossover did not explode immediately. Ethereum first stabilized for a few days, then began forming higher lows above $1,500. Once resistance at $2,000 gave way, the rally gained much momentum and carried Ethereum from the mid-$2,000 range all the way above $4,800, broke above its old record of $4,878 that had stood since Nov. 2021, before finally peaking at $4,946 in late August. Price Targets To Look Forward To The final message of this technical analysis is that Ethereum is about to embark on a comparable rally and break out to new all-time highs. According to the updated outlook by Javon Marks, the first major level that defines this potential continuation is $4,811.71. This price acted as an important resistance level during the previous rally in 2025. Related Reading: Ethereum Enters Overbought Levels With Weekend Pump, Why A Crash Could Be Coming A decisive break and sustained hold above $4,811.71 would confirm that Ethereum has exited its corrective phase and re-entered into a broader expansion move. If that breakout unfolds as expected, the measured move projected from the chart points to $8,557.68 as a target to look forward to. This target is based on the magnitude of Ethereum’s last MACD-driven advance and would translate to a 160% increase from current price levels. Featured image from iStock, chart from Tradingview.com

Ethereum price started a major increase above the $3,350 resistance. ETH is now consolidating gains and holding the key support at $3,280. Ethereum started a downside correction after a major rally to $3,400. The price is trading above $3,280 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,280 zone. Ethereum Price Hits Support Ethereum price remained stable above $3,300 and started a fresh increase, like Bitcoin. ETH price rallied above the $3,320 and $3,350 resistance levels. A high was formed at $3,402, and the price recently started a downside correction. There was a move below $3,320. The price dipped below the 23.6% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. Ethereum price is now trading above $3,280 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD. If the bulls can protect more losses below $3,280, the price could attempt another increase. Immediate resistance is seen near the $3,320 level. The first key resistance is near the $3,350 level. The next major resistance is near the $3,385 level. A clear move above the $3,385 resistance might send the price toward the $3,450 resistance. An upside break above the $3,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,500 resistance zone or even $3,550 in the near term. Downside Break In ETH? If Ethereum fails to clear the $3,320 resistance, it could start a fresh decline. Initial support on the downside is near the $3,280 level and the trend line. The first major support sits near the $3,260 zone and the 100 hourly SMA. A clear move below the $3,260 support might push the price toward the $3,220 support and the 50% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. Any more losses might send the price toward the $3,150 region. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,280 Major Resistance Level – $3,385

Ethereum is back to trading just above $3,300 per ETH in a slow bullish extension over the past week. After months of wide swings and failed follow-throughs above $3,000, the structure on the monthly timeframe chart is beginning to look bullish in a way that traders should take seriously.  A recent technical breakdown shared by Merlijn The Trader on X shows that Ethereum is approaching a moment where consolidation could give way to forceful expansion, with $5,000 as the most important inflection point. Bullish Pennant Says Bullish Momentum About To Be Unlocked The chart showing the technical analysis from Merlijn shows a bullish pennant forming on Ethereum’s monthly timeframe. This bullish pennant shows that price action has been compressing between a rising support line and a descending resistance line, and this has created a narrowing structure since 2021.  Related Reading: Here’s Why The Bitcoin, Ethereum, And Dogecoin Prices Are Surging Today Ethereum briefly pushed above the upper boundary of this pennant in 2025, rallying to just under the $5,000 mark before momentum faded and corrective moves followed. Since then, price action appears to be gravitating back toward the former resistance line, now acting as a key area of interest. As it stands, Ethereum is now retesting the upper trendline of this bullish pennant for a final upward move. Based on this projection, the first major barrier for Ethereum to break is around $3,300. A clean break above that level would likely open a path toward $3,600, an area that previously acted as a turning point during past rallies. The most consequential zone, however, is around the August 2025 all-time high of $5,000. A break above this zone would unlock bullish momentum based on the bullish pennant and play out in the majority of 2026. How Can This Breakout Play Out? Merlijn’s chart doesn’t stop at the breakout trigger once it breaks above the upper trendline of the pennant. It sketches a full road map for how the move could unfold once Ethereum leaves the pennant. The first step in that projection is a push above $3,600 before a more meaningful test around $5,000. Once Ethereum is able to break above $5,000, then the door is open for new price highs.  Related Reading: Why The Ethereum Price Could Bounce Above $3,500 Soon However, the breakout is expected to come with volatility and retests, not a straight line upward, but still resolves higher if the pennant thesis holds. From $5,000, the projection turns into a two-stage expansion. The first stage shows a force move, where Ethereum goes on a rally to as high as $6,000, then chops through another sharp dip to $4,000 and another recovery sequence before the larger leg higher. The larger leg, higher projected on the chart, points to $8,400 as the final price target zone for Ethereum. Featured image from Getty Images, chart from Tradingview.com

After its recent price breakout, Ethereum (ETH) is facing its next big test and attempting to turn a crucial area into support. Some analysts have suggested that the altcoin is ready to continue its bullish momentum, arguing that the biggest rotation in years is coming. Related Reading: Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next? Ethereum Challenges Key Resistance Area On Wednesday, Ethereum broke past a crucial area and retested the $3,400 level for the first time in over a month. The king of altcoins has seen a 6% increase in the daily timeframe, jumping from the $3,100 level to the current levels. Notably, ETH has been hovering between the $3,000-$3,300 area since the start of the year rally, but failed to break the local range’s upper boundary during last week’s attempt. Now, the cryptocurrency has daily closed above this barrier and is testing this area as support. Amid this performance, analyst Michaël van de Poppe affirmed that “it’s ETH season” as the leading altcoin has held above the 21-day Moving Average (MA) since January 1. He explained that this level, officially lost during the early Q4 2025 corrections, is crucial for the price to hold onto to strengthen the momentum. To the market observer, Ethereum is “ready to make new highs and continue the uptrend,” and based on this structure, his main scenario is that the cryptocurrency will likely retest the $3,800 area soon. Meanwhile, Daan Crypto Trades pointed out that ETH is currently facing a “big test.” The trader noted that the altcoin has been moving within its $2,600-$3,300 price range over the past two months, adding that a breakout from this range is necessary to define the direction of its next move. Per the chart, Ethereum must reclaim the $3,350 level, where the 200-day exponential moving average (EMA) is located. This indicator has served as a key rejection area since November, and breaking above it “should lead to a move higher to catch the Daily 200MA next,” currently located around the $3,600 area. ETH To Follow Its 2018 Playbook? Crypto Jelle also shared an optimistic outlook for the cryptocurrency, asserting that Ethereum “looks better than it has looked in years” against both Bitcoin (BTC) and the US Dollar. He argued that both charts are poised to move higher since ETH’s downtrend against BTC is over, and its USD chart looks ready to push towards the $4,000 barrier again. He added that the ETH/BTC anticipated rally means “ETHUSD could see price move a lot higher over the coming months.” Similarly, Alex Wacy recently explained that the “biggest ETH rotation in 8 years [is] forming right now.” The analyst highlighted that the king of altcoins is repeating the same playbook that led to its 2018 breakout against BTC, but with “bigger players” and “more capital entering.” Related Reading: Monero (XMR) Hits New $610 All-Time High – Veteran Trader Shares Silver-Like Setup According to the chart, ETH saw a multi-year accumulation against Bitcoin between 2015 and 2017, leading to its massive expansion in 2018. After an initial breakout, the cryptocurrency re-accumulated for an extended period inside a falling wedge pattern, which resulted in a 50x pump from this structure. This time, Ethereum’s trading pair against BTC moved within a multi-year falling wedge pattern again, which was broken out of in Q4 2025. If history repeats itself, the altcoin could see a new massive surge against the flagship crypto over the coming months. As of this writing, Ethereum is trading at $3,375, a 5% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Ethereum price started a major increase above the $3,320 resistance. ETH is now consolidating gains and might dip toward the $3,280 zone. Ethereum started a downside correction after a major rally to $3,400. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,280 zone. Ethereum Price Climbs To $3,400 Ethereum price remained stable above $3,220 and started a fresh increase, like Bitcoin. ETH price rallied above the $3,250 and $3,320 resistance levels. The bulls even pumped the price above $3,350. A high was formed at $3,402, and the price is now correcting some gains. There was a minor decline below $3,350 and the 23.6% Fib retracement level of the recent wave from the $3,061 swing low to the $3,402 high. Ethereum price is now trading above $3,300 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD. If the bulls can protect more losses below $3,280, the price could attempt another increase. Immediate resistance is seen near the $3,350 level. The first key resistance is near the $3,380 level. The next major resistance is near the $3,400 level. A clear move above the $3,400 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,400 resistance, it could start a fresh decline. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,280 zone and the trend line. A clear move below the $3,280 support might push the price toward the $3,230 support and the 50% Fib retracement level of the recent wave from the $3,061 swing low to the $3,402 high. Any more losses might send the price toward the $3,200 region. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,280 Major Resistance Level – $3,400

Ethereum’s outlook has been improving its case. After a prolonged period of underperformance and skepticism, the network is starting to exhibit signs of renewed structural and fundamental strength.  While BTC continues to anchor the market as the primary store of value and digital gold, conditions are emerging that could allow ETH to outperform BTC over the coming period. Why The Ethereum Narrative Is Gaining Strength Ethereum has been seen outperforming Bitcoin. In a recent post on X, Walter Bloomberg revealed that Standard Chartered says that the ETH outlook has improved, and now ETH might outperform BTC, citing rising institutional demand and stronger fundamental positioning across key on-chain sectors.  Related Reading: Altcoin Season In Q1? Bitcoin, Ethereum Breakdown Maps Out Performance While weakness in BTC has weighed on the broader crypto market, ETH has continued to benefit from institutional-driven demand, and its dominance in stablecoins, decentralized finance (DeFi), and real-world assets (RWA) tokenization. Standard Chartered also points to the increased throughput and potential US regulatory clarity that it could provide additional upside. In terms of valuation, the bank forecasts ETH at $7,500 this year and $30,000 by 2029, reflecting the expectations of sustained network growth. The Co-founder of PinkBrains_io, a DeFi Creator Studio, DefiIgnas, has highlighted that Ethereum could outperform Bitcoin this year, and the reason is roadmap execution. While BTC will likely keep facing recurring waves of quantum FUD into 2026, ETH has a clear roadmap to prepare for future cryptographic risks.  Furthermore, ETH is actually scaling. Gas limits on layer 1 keep rising, and zkEVMs will get full production readiness, making ETH cheap and fast enough for high-value transactions, while layer 2s will handle most of the trading and high-frequency activity. Related Reading: Bitcoin And Ethereum Market Structure Points To Crypto Winter – Details These upgrades are incremental, which means there’s no breaking news moment for ETH, but progress is happening fast. Early in the cycle, a lot of Degens loaded up on ETH before the bull run, but many got disillusioned and sold their ETH for BTC. “It would be fun to see the playbook reverse higher,” DefiIgnas noted. A Different Liquidity Cycle Than Previous Bull Markets Crypto liquidity quality witnessed a change in 2025. A technical analyst and show host of Crypto Banter, Kyledoops, reported that Wintermute noted that capital in 2025 stopped rotating broadly across the market. Instead, liquidity is concentrated into Bitcoin, Ethereum, and a small group of large-cap tokens. As a result, the long-anticipated wave of altcoin-wide liquidity never really arrived. Meanwhile, the rise of spot ETFs and crypto treasury vehicles created a new, highly structured inflow channel that funneled flow into the top of the market. These vehicles break the crypto’s oldest playbooks. Price action is no longer driven by broad market expansion. It’s driven by where new liquidity can actually enter. Featured image from iStock, chart from Tradingview.com

Ethereum price started a major increase above the $3,160 resistance. ETH is now consolidating gains and might dip toward the $3,250 zone. Ethereum started a downside correction after a major rally to $3,375. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,250 zone. Ethereum Price Revisits $3,350 Ethereum price remained stable above $31,20 and started a fresh increase, like Bitcoin. ETH price rallied above the $3,160 and $3,200 resistance levels. There was a break above a major bearish trend line with resistance at $3,140 on the hourly chart of ETH/USD. The bulls even pumped the price above $3,300. A high was formed at $3,374, and the price is now correcting some gains. Ethereum price is now trading above $3,300 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $3,300 or the 23.6% Fib retracement level of the recent wave from the $3,061 swing low to the $3,374 high, the price could attempt another increase. Immediate resistance is seen near the $3,340 level. The first key resistance is near the $3,380 level. The next major resistance is near the $3,420 level. A clear move above the $3,420 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $3,340 resistance, it could start a fresh decline. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,250 zone. A clear move below the $3,250 support might push the price toward the $3,220 support and the 50% Fib retracement level of the recent wave from the $3,061 swing low to the $3,374 high. Any more losses might send the price toward the $3,180 region. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,250 Major Resistance Level – $3,340

Ethereum price failed to clear the $3,160 resistance and dipped again. ETH is now consolidating and might make another attempt to surpass $3,200. Ethereum started a downside correction below $3,180 and $3,150. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,085 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,080 zone. Ethereum Price Starts Consolidation Ethereum price failed to surpass $3,150 and trimmed gains, like Bitcoin. ETH price declined below $3,120 and $3,120 to enter a short-term bearish zone. The last major swing low was formed at $3,050 before the price started a consolidation phase. There was a minor upward move above $3,130, and the 23.6% Fib retracement level of the recent decline from the $3,308 swing high to the $3,050 low. However, the bears are active near $3,150 and $3,180. Ethereum price is now trading below $3,120 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $3,085 on the hourly chart of ETH/USD. If the bulls can protect more losses below $3,080, the price could attempt another increase. Immediate resistance is seen near the $3,120 level. The first key resistance is near the $3,180 level and the 50% Fib retracement level of the recent decline from the $3,308 swing high to the $3,050 low. The next major resistance is near the $3,200 level. A clear move above the $3,200 resistance might send the price toward the $3,265 resistance. An upside break above the $3,265 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,320 resistance zone or even $3,350 in the near term. Downside Break In ETH? If Ethereum fails to clear the $3,150 resistance, it could start a fresh decline. Initial support on the downside is near the $3,085 level and the trend line. The first major support sits near the $3,050 zone. A clear move below the $3,050 support might push the price toward the $3,000 support. Any more losses might send the price toward the $2,925 region. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,080 Major Resistance Level – $3,150