Ethereum (ETH) Price Analysis for January 4
Analysis
Price Impact
LowThe daily average true range (atr) has largely been passed, making sharp price movements unlikely in the immediate short term. midterm, the price is expected to accumulate energy within a $3,100-$3,300 sideways channel due to low volume.
Trustworthiness
MedThe analysis uses technical indicators (support, resistance, atr, volume) from tradingview and is published by u.today, a known crypto news outlet. however, it is an opinion piece and includes a disclaimer about financial advice.
Price Direction
NeutralWhile bulls are currently in control and there's a possibility of an upward move to $3,200 if the initiative is held, the more likely midterm scenario is sideways trading between $3,100 and $3,300 as the asset accumulates energy. this suggests a period of consolidation rather than a strong directional move.
Time Effect
ShortThe analysis focuses on immediate movements ('by tomorrow') which are expected to be calm, and midterm ('soon', 'midterm point of view') consolidation before a larger, longer-term move. the current expectation is for low volatility and sideways action in the short to medium term.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bulls keep controlling the situation on the market at the end of the week, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap ETH/USD The rate of Ethereum (ETH) has risen by 1.19% since yesterday. Over the last week, the price has risen by 6.85%. Image by TradingView On the hourly chart, the price of ETH is in the middle of the local channel between the support at $3,126 and the resistance at $3,162. As most of the daily ATR has been passed, traders are unlikely to witness sharp moves by tomorrow. Image by TradingView On the bigger time frame, buyers remain more powerful than sellers while the rate of the main altcoin is above the interim level of $3,077. You Might Also Like Sat, 01/03/2026 - 15:47 Solana (SOL) Price Analysis for January 3 By Denys Serhiichuk If bulls can hold the gained initiative, the upward move is likely to continue to the $3,200 area soon. Image by TradingView From the midterm point of view, the price of ETH keeps accumulating energy for a further move. The volume remains low, which means neither side has enough energy yet. All in all, sideways trading in the zone of $3,100-$3,300 is the more likely scenario. Ethereum is trading at $3,134 at press time. #Ethereum Price Prediction