Jan 10, 2026
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Ethereum Faces Critical Test as Long-Term Accumulation Zone Holds at $2.8K
Ethereum is currently facing a critical phase, as the price struggles to reclaim the $3,100 level amid market uncertainties. The cryptocurrency remains caught between fading bullish attempts and persistent resistance, with analysts divided on its future.
- Ethereum's price has been fluctuating around $3,100, unable to break higher resistance zones.
- A CryptoQuant report highlights Ethereum’s Accumulating Addresses Realized Price metric, which tracks long-term holders’ average cost basis.
- This accumulation cost zone, now between $2,700–$2,800, serves as structural support for ETH.
- The market is testing whether this support will continue or if macro conditions will challenge it.
Long-Term Accumulation Regime
- The key issue is whether the $2,700–$2,800 accumulation zone can persist indefinitely.
- Unlike other altcoins, Ethereum has maintained long-term holder conviction through various stress periods.
- If ETH trades near or above its accumulation cost, it indicates long-term buyer engagement.
- A sustained break below could signal a shift in long-term holder behavior.
Bulls Defend the $3,000 Zone
- ETH is consolidating around $3,100, facing dynamic resistance from moving averages.
- The $3,000–$3,100 area acts as a critical pivot point, with demand present but limited upward momentum.
- Volume has declined during rebounds, indicating weak buyer conviction.
- A reclaim of the $3,300 level is needed for bulls to shift momentum.
In the current environment, short-term price movements dominate attention, while the underlying structural battle may define Ethereum's next major cycle.