“The cryptocurrency king recorded its highest weekly close since early November. After breaking above $90,000, Bitcoin is headed for the $100,000 mark, a key level for a breakout that will revive bulls’ hopes. Meanwhile, the price of Ethereum is back above $3000. Can we expect ETH to return to $4000? We will analyze the second largest cryptocurrency by market capitalization in our report dated 6 […]”, — write: businessua.com.ua
The cryptocurrency king recorded its highest weekly close since early November. After breaking above $90,000, Bitcoin is headed for the $100,000 mark, a key level for a breakout that will revive bulls’ hopes. Meanwhile, the price of Ethereum is back above $3000. Can we expect ETH to return to $4000? We will analyze the second largest cryptocurrency by market capitalization in our January 6 report!
The price of Ethereum has increased by 4.6% in the last 24 hours. The past few weeks have been positive for ETH. Really, price Ethereum grew up by 4.6% in 24 hours , by 10.6% in a week and by 8.6% per month .
Couple 1 hour 24 hours 7 days 1 million 3M 6 million 
ETH/BTC
1.45% 2.91% 3.30% 2.68% -4.21% 39.53% 
ETH/USDT
1.93% 4.56% 10.61% 8.55% -26.28% 18.63% Ethereum performance against different trading pairs. Source: Coincheckup
Despite this reaction from buyers, the price of ETH remains 26% lower than in three months . Apart from good performance against the dollar over the past few weeks, ETH is ahead of Bitcoin . The ETH/BTC pair has risen almost by 3% in 24 hours , by 3.3% per week and by 2.7% per month .
Ethereum maintains support at $2,900 on the weekly chart Buyers protected the weekly support level is around $2900 . Price now is restored and faces resistance from the side bearish moving averages (9-day/18-day EMA) .
Ethereum price against the dollar (1 week) – Sign up for TradingView using our affiliate link.
If the recovery continues, ETH may return to the level resistance $3900 . To hope to return to historical maximum in 2025 ETH will need to break the zone resistance $3900 . If the price is rejected by the descending moving averages and the support level is $2900 will be broken, the price may fall to $2000 .
After several months of decline, RSI is currently rising . Momentum seems to favor Ethereum buyers again on the weekly chart.
The price of Ethereum is approaching the resistance level of $3500. ETH found buyers at the level support $2800 and heading to resistance level $3500 . The price has been trading between these two levels since early November.
Ethereum Price Against Dollar (1D) – Sign up for TradingView using our affiliate link.
If ETH continues to stop at the level of $3500 a possible return to $2800 . However, if ETH breaks through resistance at $3500 he can achieve the following resistance level at $4000 . Although the price has been in a sideways trend for several weeks, short-term momentum is bullish . Indeed, the RSI has broken the bearish trend line and is in an uptrend.
ETH managed to hold the $2900 support level on the weekly chart and start the year with a recovery. If the $3,500 resistance is overcome, the second largest cryptocurrency by market capitalization could return to the $4,000 level. Meanwhile, the token exchange sector is also benefiting from the rise of Bitcoin.
STEADY LADS $100,000 PORTFOLIO MONITORING Distribution as of 06.01.26:
💵 Stablecoins: 7% — 💰 Cryptocurrencies: 93%
After more than two weeks of inactivity, the market finally offered some profitable opportunities. Thus, several positions were opened at the beginning of the year, which marked a return to almost full investment volume.
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