- Ethereum value rose to $3,400 on Wednesday, January 14, 2026.
- The rally got here as Bitcoin reached a excessive of over $97,000 and high altcoins rose in value.
- ETH staking has made a powerful comeback and hit an all-time excessive.
Ethereum (ETH) tokens traded to an intraday excessive of simply over $3,400 amid a broad rally within the crypto market.
Bitcoin costs hit a excessive of $97,300, pushed by renewed investor optimism, declining inflation alerts, and inflows from institutional buyers.
And Ethereum mirrored that rally to an intraday excessive as danger sentiment is prone to push the bulls in the direction of the much-awaited $100,000 stage.
Of be aware, this comes as file staking participation and constructive technical indicators level to a possible retest of $4,000.
Ethereum exhibits new momentum to $3,400
Just like BTC, ETH additionally skilled downward strain at first of 2026.
Nonetheless, momentum is pushing Ethereum to a excessive of $3,403 as bulls decisively broke by way of the $3,300 threshold amidst a brand new bullish curve for spot cryptocurrency ETFs.
The cryptocurrency was up 6% previously 24 hours on the time of writing, opening the day beneath $3,280.
With the positive factors, ETH is predicted to commerce inside a slender vary of $3,280 to $3,520.
Bulls are seeing a breakout on Ethereum following a interval of consolidation above $3,000, which coincided with a surge in ETH staking.
In keeping with the info, Ethereum staking has reached an all-time excessive, with over 36 million ETH locked, and this determine accounts for nearly 30% of the circulating provide.
The worth of those cash is equal to over $118 billion at present costs.
Moreover, the variety of new each day pockets creations is at an all-time excessive, and new internet inflows into ETFs are additionally on file.
What’s subsequent for ETH?
ETH has regained vital ranges and exhibits a bullish outlook with a doable breakout of the ascending triangle sample.
Different technical indicators such because the Relative Power Index (RSI) are exhibiting bullish management at 67. The RSI on the each day chart is rising and isn’t but in overbought territory, so consumers have the higher hand.
The Shifting Common Convergence Divergence indicator additionally exhibits a bullish bias, with the histogram flipping to inexperienced on the crossover.
ETH has additionally skilled important short-term liquidations, amplifying upward strain as bears cowl their positions.
In keeping with CoinGlass knowledge, greater than $800 price of crypto liquidations had been recorded previously 24 hours, of which greater than $250 million was in ETH. Bearish bets account for $218 million and lengthy positions account for simply over $32 million.
It stays to be seen whether or not Ethereum can preserve its momentum and purpose larger.
If the maintain is confirmed and the pair closes above $3,300, it may pave the way in which for a rally in the direction of $3,600-$3,800 within the quick time period.
This outlook will probably be supported by constructive sentiment throughout the market. The bullish prediction for Bitcoin above $100,000 additionally provides ETH bulls hope for a doable retest of the worth above $4,000.
Nonetheless, failure to guard $3,300 may result in a pullback to $3,100. The help zone beneath $3,000 lies within the $2,8500-$2,700 vary.