#ETHMarketWatch • Mixed price momentum: Recent market reports show Ethereum (ETH) price eyeing higher levels near ~$3.4K, while Bitcoin also trades with volatility, influencing broader altcoin movements. �

CryptoPotato

• Short-term bullish view: Another market watch flagged ETH potentially heading toward $3.4K after recent dips, showing selective upside in alt sectors. �

CryptoRank

• Downside pressure persists: Amid broader crypto weakness, altcoins including Ethereum have slid below key supports like ~$3,100, reflecting continued market risk. �

CryptoRank

📈 Technical & Fundamental Themes to Watch

Key levels & short-term targets

Analysts have highlighted resistance near $3,240–$3,550 — breakout above these could reinforce bullish trend continuation. �

MEXC

Core support remains near $3,000, a psychologically and technically important zone; dropping below might signal deeper correction risk. �

Analytics Insight

Staking & network health

On-chain metrics show Ethereum staking at record levels, underscoring strong network engagement even when price consolidates. �

Analytics Insight

📌 Broader Market Context

ETF and institutional flows: Earlier in the year, Ethereum spot ETFs and institutional interest materially influenced demand and price action (e.g., strong ETF inflows and forecasts suggesting multi-thousand dollar targets). �

thecoinrepublic.com

Whale activity & sell pressure: Market data noted significant ETH sales from large holders, which can add short-term downside pressure during thinner trading periods. �

TMAStreet

🧠 What Traders Are Watching Now

📌 Resistance breakout levels: $3,500–$3,650

📌 Support to defend: $3,000

📌 Bullish catalysts: Breakouts above key ranges, ETF & institutional flows, network growth

📌 Bearish risks: Macro volatility, whale selling, broader crypto sell-offs#ETHMarketWatch #WEFDavos2026 $SOL $SUI