Ethereum Reclaims $3,100 After Strong Weekly Recovery
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 04 2026- Price Recovery: Ethereum has posted significant gains over the past week, currently trading around $3,134, marking a recovery from sub-$3,000 levels seen at the end of 2025, indicating a positive market response to its rebound.
- Technical Structure Improvement: The 4-hour chart shows Ethereum establishing a clear higher-low structure since December 29, with price trending higher after breaking above $3,100, suggesting increased market participation.
- Key Technical Levels: Ethereum is now trading above its 50-day moving average of $2,980, although the 200-day SMA at $3,320 remains a major resistance level that could limit further upside potential.
- Market Sentiment Analysis: Despite the price rebound, overall market sentiment remains bearish with a Fear & Greed Index reading of 25 (Extreme Fear), indicating that the market is in a recovery phase rather than at a peak.
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.
