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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Ether in a volatile zone: What to watch out for during the trading session
Ethereum continues to demonstrate pressure around the psychological mark of $2900. Recent data shows that ETH has fallen below this important resistance level, indicating a prolonged downward trend in the short term.
How should one interpret the situation with the coin? The current price of Ethereum is $3.13K as of the latest data ( as of January 4, 2026 ), with a slight increase of +0.82% over the past 24 hours. However, this minor gain does not change the overall positioning of ETH near the upper bounds of the price range.
Traders should continue to monitor the price behavior within this critical zone. If Ethereum cannot recover above $2900, further decline can be expected. At this point, key factors to watch will be trading volumes and the positions of major market players.