January 21, 2026
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Is recovery over for ETH yet? Ethereum January 20

The price of Bitcoin has stalled at around $100,000, and the situation is reminiscent of the end of the previous bull market. After regaining control at $98,000, sellers are now trying to push BTC below $90,000. Meanwhile, Ethereum is holding above $3,000, but for how long? ETH’s January 20 newsletter looks at whether the price can hold the level […]”, — write: businessua.com.ua

The price of Bitcoin has stalled at around $100,000, and the situation is reminiscent of the end of the previous bull market. After regaining control at $98,000, sellers are now trying to push BTC below $90,000. Meanwhile, Ethereum is holding above $3,000, but for how long? The January 20th ETH newsletter looks at whether the price can hold the $3000 level!

The price of Ethereum fell by 4.6% in 24 hours Ethereum is in losses during the last week. Indeed, the price Ethereum fell by 4.6% in the last 24 hours and by 2.4% over the last week . Despite this recent decline, the price has increased by 3.3% in the last month .

Couple 1 hour 24 hours 7 days 1 million 3M 6 million

ETH/BTC

-0.6872% -2.61% -1.12% 0.1150% -5.42% 9.65%

ETH/USDT

-0.8211% -4.59% -2.41% 3.25% -20.49% -15.95% Ethereum performance against different trading pairs. Source: Coincheckup

ETH underperformed Bitcoin, during the last three months. In fact, the ETH/BTC pair fell by 2.6% in 24 hours on 1% per week and on 5.4% in three months .

A return to $3,900 is still possible for Ethereum Sellers re-entered the market at levels bearish moving averages (9-day/18-day EMA) . Accordingly, the price continues to fluctuate between the moving averages and the $2900 support level .

Ethereum price against the dollar (1 week) – Sign up for TradingView using our affiliate link.

While the price holds weekly support at the level of $2900 it has the potential to rebound to resistance at the level of $3900 . However, if the price finds top and will fall below support it can move to support at the level of $2100 (located approximately 30% below). Therefore, buyers will need to protect the weekly support.

The RSI momentum indicator continues to recover so the momentum is still encouraging on a weekly basis.

ETH price may find support at $2800. ETH failed to break through resistance at $3500 so he continues to trade in the side between support at $2,800 and resistance at $3,500 :

Ethereum Price Against Dollar (1D) – Sign up for TradingView using our affiliate link.

If the decline continues, the price may find support at $2800 . Be careful not to lose this support as ETH may drop sharply before the next one support at the level of $2300 . Price will need to hope for a return to recent all-time highs to break the resistance at the level of $3500 . The RSI has been showing an upward trend for several weeks. To save encouraging impulse the RSI will need to move higher 69 .

Ethereum price appears to be returning to the daily support level at $2,800. As long as the weekly support at the level of $2900 holds, a return to the level of around $4000 is possible. Although the crypto sector is experiencing uncertainty, gold and silver are growing rapidly.

STEADY LADS $100,000 PORTFOLIO MONITORING Distribution as of 01.20.26:
💵 Stablecoins: 30% — 💰 Cryptocurrencies: 70%

The market is showing a lack of reaction from the recent decline, with momentum remaining unsustainable at key technical levels. The exposure of the portfolio has been temporarily reduced to limit the risk in anticipation of a clearer reversal of the market trend.

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