Ethereum retains a cautiously bullish outlook after pushing above resistance before settling into sideways trade. A January 2026 network upgrade aimed at boosting throughput and lowering transaction costs provides a constructive medium-term narrative. However, spot ETF inflows remain weak as rate-cut uncertainty continues to dampen institutional demand.
Key Levels: Support at $2,926 | Resistance at $3,346
Investor Takeaway: RSI and MACD indicate improving momentum, but sustained upside requires clearer monetary policy signals and stronger ETF participation.
