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Reading: Ethereum (ETH) Price Analysis for January 1
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bitcoin
Bitcoin (BTC) $ 63,909.00
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Ethereum (ETH) $ 1,886.52
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Tether (USDT) $ 0.999155
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BNB (BNB) $ 592.51
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Mycryptopot > News > Crypto > Ethereum > Ethereum (ETH) Price Analysis for January 1
Ethereum

Ethereum (ETH) Price Analysis for January 1

January 7, 2026 1 Min Read
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Sellers are dominating over consumers firstly of 2026, in response to CoinStats.

Article image

ETH/USD

The speed of Ethereum (ETH) has fallen by 1% since yesterday.

mycryptopot
Article image

On the hourly chart, the worth of ETH is in the course of the native channel between the assist at $2,971 and the resistance at $2,993. As neither facet is dominating, there are low probabilities to see sharp strikes by tomorrow.

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On the larger time-frame, the scenario is comparable. The amount retains taking place, which suggests the speed of the principle altcoin has not collected sufficient energy but.

On this case, sideways buying and selling within the vary of $2,950-$3,050 is the extra seemingly state of affairs over the subsequent days.

Article image

From the midterm standpoint, the worth of ETH is buying and selling throughout the earlier bar, confirming the absence of bulls’ and bears’ energy. All in all, merchants are unlikely to see elevated volatility quickly.

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Ethereum is buying and selling at $2,984 at press time.

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Reading: Ethereum (ETH) Price Analysis for January 1
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