Ethereum rises as crypto market rises
The cryptocurrency market is off to a strong start in 2026. Movement above $Bitcoin $90,000 Overall bullish sentiment has been rekindled, with new capital returning to altcoins. As market confidence improves, Ethereum is once again taking a leadership role among large cryptocurrencies.
Bitcoin price in the past week (USD) – TradingView
Historically, $Ethereum has tended to follow Bitcoin’s big breakouts with a slight delay, and that pattern appears to be playing out once again. After weeks of consolidation, ETH is currently showing new strength.
What happened: Ethereum regains the $3,200 level
Ethereum spent the last few weeks of 2025 trading extensively and testing repeatedly. $3,200 A zone with no clear breakout. Each attempt was met with selling pressure, and this level turned into a clear resistance line.
The situation changed completely in early January.
Ethereum price in the past week USD – TradingView
ETH was able to decisively push upwards $3,200transforming former areas of resistance into support. This move shows that buyers are regaining control and demand is entering at higher prices.
Technical analysis: key levels on the chart
From a technical point of view, the structure of Ethereum has been significantly improved.
ETH/USD 4 hours – TradingView
Major support levels
- $3,200 – Once a force of resistance, now the most important short-term support
- $3,000 – Strong psychological and structural support
- $2,730 – Provides significant downside support if the market declines
Holding above $3,200 will keep Ethereum firmly in a bullish setup.
major resistance levels
- $3,400 – Local resistance from previous highs
- $3,600 – Major breakout zone
- $3,800 – $4,000 – Psychological targets when momentum accelerates
The 4-hour stochastic RSI is rising, suggesting that a short-term cooling or consolidation could occur before the next leg moves higher. This is normal behavior after a breakout.
We think traders can handle either scenario. Check out our exchange comparison and choose the best Ethereum exchange for you.
Ethereum price prediction: what happens next?
If the broader market remains supportive, Ethereum could follow one of the following paths:
- Bullish scenario: sustainably maintain $3,200 was able to open the door to $3,400then press towards. $3,600.
- Integration scenario: ETH could trade sideways between: $3,100 and $3,300build strength for your next move.
- Bearish Disable: Clear breakback below $3,000 That would weaken the bullish structure and delay higher targets.
