Ethereum Price Analysis: What Comes Next for ETH After Rejection at $3.4K?

Jan 20, 2026 - 02:00
Ethereum Price Analysis: What Comes Next for ETH After Rejection at $3.4K?
Ethereum is trading in a constructive but still corrective phase, with the price holding above the main higher-timeframe demand zones while encountering persistent supply under the declining daily moving averages. The broader structure suggests that the aggressive selloff from the highs has transitioned into a basing and mean-reversion phase rather than a completed bullish reversal,...

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