**Ethereum (ETH) Faces Buy Opportunity as Analyst Predicts 5-Day Price Increase**
Ethereum (ETH) has experienced a decline over the past three consecutive days and is currently trading below a key support level. While short-term bullish analysts caution buyers that recovery might not happen as quickly as many expect, the long-term outlook for ETH remains positive, with potential for significant price gains by the end of the year.
As of this writing, Ethereum is trading at $3,167.28, reflecting a 3.33% drop over the last 24 hours. In comparison, the total market has decreased by 2.25%. Additionally, ETH has lost 0.92% against Bitcoin (BTC) today. Price projections estimate that Ethereum could recover to $3,549.33 by January 12, 2026, marking an anticipated gain of approximately 10.38%. Short-term traders are looking to capitalize on this optimistic market sentiment.
*Also Read:* [Bitmine Boosts Ethereum Staking With New $60M Deposit]
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### Ethereum Price Trend Shows Cracks and Resilience
Over the last month, Ethereum has shown a modest increase of 1.73%. However, the broader perspective reveals more challenges. Over the past three months, ETH has declined by 26.85%, and over the last year, it has decreased by 10.02%. One year ago today, Ethereum was priced at approximately $3,519.85.
Ethereum’s all-time high was $4,946.50, reached on August 24, 2025. Since hitting this peak, the coin has undergone price corrections that contributed to a gradual decrease in market momentum. During the current cycle, ETH’s highest price point was $3,434.68, while the lowest dropped to $2,631.93.
Volatility has remained relatively modest, with a one-month volatility rate of 3.79. In the past 30 days, Ethereum recorded 19 days of rising daily prices, indicating stable asset accumulation through buying.
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### Ethereum Technical Signals Clash with Market Fear
The current market outlook for Ethereum appears bearish. The Fear and Greed Index stands at 42, signaling a prevalent feeling of fear among investors. Overall, 64% of technical indicators point towards a negative outlook.
On the other hand, Ethereum’s Relative Strength Index (RSI) is at 68.09 (14-period), which indicates a neutral trend. Additional positive technical signals include trading activity above both the 50-day and 200-day Simple Moving Averages (SMA). These factors reflect underlying bullish sentiment, lending credence to Ethereum’s strength despite prevailing negative market emotions.
Key support levels to watch are $3,227.46, $3,158.61, and $3,120.92. Meanwhile, resistance levels lie at $3,334.00, $3,371.69, and $3,440.54.
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### Conclusion
Ethereum is currently surrounded by mixed signals and significant market fear. However, based on technical indicators and other factors, ETH has the potential for an upside move of up to 10.38%.
It is important to remember that the cryptocurrency market is highly volatile, and conditions can change rapidly. Traders and investors should approach with caution and stay updated on market developments.
https://www.tronweekly.com/ethereums-10-surge-creates-market-frenzy/
