Opinion: Ethereum must hold the $3085 level to maintain its upward trend

MarsBitNews · 2026-01-19T06:54:45+00:00

Analysts point out that the number of daily active addresses on Ethereum has doubled in the past two weeks, exceeding 800,000, indicating increased network engagement. The current key support zone for Ethereum is between $3,119 and $2,772. If the price stays above $3,085, it is expected to break through $3,400, potentially driving the rise to $3,660 or even $4,000.

MarsBitNews

2026-01-19 06:54:45

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Mars Finance reports that on January 19, according to analyst @alicharts, the number of daily active addresses on Ethereum doubled over the past two weeks, exceeding 800,000, indicating a renewed increase in network engagement. Recently, the most concentrated buying zone for Ethereum ETFs has been between $3,119 and $2,772, making this range a key support area. From a technical perspective, Ethereum continues to consolidate within a triangle on the daily chart. As long as the price remains above the $3,085 support level, breaking through the $3,400 resistance could trigger a move towards $3,660, and there is even potential for further rise to $4,000.

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