Ethereum Price Rebounds to $3,107 as Market Sentiment Improves
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Price Rebound: Ethereum's price has slightly increased to $3,107 in the last 24 hours, reflecting improved market sentiment and indicating potential for a strong recovery, especially after a $19 billion market liquidation.
- Historical Comparison: Analysts note that Ethereum rebounded from a low of $1,470 to a new all-time high of $4,900 last year, suggesting that current sentiment levels may signal a similar recovery opportunity.
- Growing Network Activity: Ethereum's network activity is booming, largely driven by increasing interest in staking, with social media discussions rising, indicating heightened investor attention towards Ethereum.
- Technical Support: Ethereum is currently forming a crucial psychological and technical support zone above $3,000, and maintaining this level could facilitate the start of a new upward trend.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
