Here’s a current technical & market overview of ETH (Ethereum) and whether bulls are truly regaining control — based on the latest data and analysis as of (late January 2026):
CryptoRank
TradingView
Ethereum Price Prediction: ETH Extends Breakout as Bulls Regain Short-Term Control
Ethereum Supply Tightens On Binance As Reserves Hit Lowest Level Since 2016
January 15
January 22
🟢 Bullish Indicators — Early Signs Bulls Are Recovering
1. Break Above Key Technical Levels
Recent price action shows ETH reclaiming the ~$3,200 zone, flipping a former resistance into support — a classic sign that buyers are stepping in and bulls are regaining short-term control. �
MEXC
2. Short-Term Momentum Shifts Higher
Technical indicators like MACD and RSI on shorter timeframes have been improving after recent dips, suggesting bullish momentum could resume if support levels hold. �
CCN.com
3. Whale & Accumulation Activity Rising
Reports of increased whale accumulation and stronger buying around support zones, especially near the $3K–$3.2K region, can fuel upside moves if sustained. �
Bitget
🔶 Mixed to Neutral Signals — Bulls Not Fully in Control Yet
1. Consolidation & Mixed Technicals
Some analysts note ETH stalling or consolidating rather than making decisive breakouts — a pattern that reflects cautious bulls rather than confident ones. �
AInvest
2. Macro & Market Risk Backdrop
Broader market volatility and macro uncertainty mean ETH’s upside will depend on external risk appetite, not just its internal structure. �
TradingView
🔴 Bearish Risks Still Present
1. Below Major Long-Term Resistance
ETH still needs to break above new resistance zones (e.g., ~$3,400–$3,500) to confirm a more solid bull trend. Failure here could keep bears in control of the near-term range. �
Blockchain News
2. Downside Threat Levels
A drop below key support (like $3,000) could reignite selling pressure and potentially pull ETH toward lower price zones — threatening the recovery narrative. �
BTCC
📊 Summary Snapshot
Bulls Are Showing Early Signs of Control
✔ Short-term breakout above resistance levels
✔ Technical indicators improving after pullbacks
✔ Increased demand at key supports
But Bulls Haven’t Fully Taken Over the Market Yet
🧠 What to Watch Next
Bullish confirmations
Sustained trading above $3,200–$3,350
Breakouts toward $3,500+
Higher lows forming on daily chart
Bearish triggers
Rejection at resistance zones
Breakdown below $3,000–$2,900
Renewed bearish macro sentiment
In short: Yes — bulls are regaining control in the short term, but the longer-term trend is still evolving. Confirmation