Ethereum (ETH) Analysis: January 2026 📈

Ethereum is currently navigating a high-volatility zone. After hitting an all-time high of $4,955 in August 2025, the price is currently consolidating around the $2,900 – $2,950 range.

Technical Candle Chart Analysis

* Current Trend: Short-term Bearish/Neutral. ETH recently dropped over 10% in a week, falling below the psychological support of $3,000.

* Candlestick Pattern: The daily chart shows a "Descending Triangle" formation, suggesting price compression. However, a recent "Hammer" candle near $2,780 indicates strong buying interest at lower levels.

* Support & Resistance:

* Major Support: $2,720 (Heavy whale accumulation zone).

* Immediate Resistance: $3,020 and $3,250.

* Indicator (MVRV): The 30-day MVRV ratio is at -7.6%, placing ETH in the "Undervalued" zone—historically a good spot for long-term accumulation.

Market Sentiments

* Institutional Shift: Despite the price dip, Ethereum Spot ETFs saw $110M inflows yesterday, ending a four-day losing streak.

* The "Liquidity" Signal: Analysts are spotting a "Global Liquidity Breakout" similar to the 2021 bull run, suggesting a potential rally toward $4,000+ by mid-2026.

* Fundamentals: The focus has shifted to "Post-Quantum Security" and the Fusaka upgrade, keeping Ethereum as the leading layer-1 for DeFi and RWA (Real World Assets).

> Verdict: Short-term pain, long-term gain. ETH is currently in a "buy the fear" zone for those looking at the 2026-2027 cycle.

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