
{"id":124510,"date":"2026-01-03T17:30:29","date_gmt":"2026-01-03T17:30:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=124510"},"modified":"2026-01-03T17:30:29","modified_gmt":"2026-01-03T17:30:29","slug":"why-the-ethereum-price-could-bounce-above-3500-soon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=124510","title":{"rendered":"Why The Ethereum Price Could Bounce Above $3,500 Soon"},"content":{"rendered":"<p>A crypto analyst has predicted that the Ethereum price could balloon to $3,500 soon, potentially breaking free of the <a href=\"https:\/\/bitcoinist.com\/ethereum-eth-under-bearish-pressure-on-chain-data\/amp\/\" target=\"_blank\" rel=\"noopener\">bearish pressure that has suppressed its momentum<\/a> for much of 2025. Although ETH is currently trading more than 37.5% below its all-time highs, the analyst has outlined technical indicators and market structure signals suggesting $3,500 is a realistic short-term target for the cryptocurrency.\u00a0\u00a0<\/p>\n<h2>Ethereum Price Setup Points To $3,500 Rebound<\/h2>\n<p>Crypto market analyst Tryrex has <a href=\"https:\/\/x.com\/Tryrexcrypto\/status\/2006724509848502634\" target=\"_blank\" rel=\"noopener\">delivered<\/a> a fresh outlook on the Ethereum price, pointing to conditions that could support a strong upside move to $3,500 in the coming months. In his post on X, the expert suggested that ETH may be approaching the end of its <a href=\"https:\/\/bitcoinist.com\/ethereum-turning-point-supply-demand-structure\/amp\/\" target=\"_blank\" rel=\"noopener\">prolonged corrective phase<\/a> and may be preparing for a decisive bounce.\u00a0<\/p>\n<p>Tryrex highlighted the <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-bigger-test-at-3550\/amp\/\" target=\"_blank\" rel=\"noopener\">possibility of a strong rebound<\/a> developing in the first quarter of 2026, driven by Ethereum\u2019s current hold of a critical liquidity zone between $2,800 and $3,000. He explained that while <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-staging-a-comeback-on-chain-signals\/amp\/\" target=\"_blank\" rel=\"noopener\">Bitcoin (BTC) bottomed out<\/a> in 2025 and entered a range-bound period right after, Ethereum showed relative strength by firmly defending the liquidity region.\u00a0<\/p>\n<p>Based on the analyst\u2019s weekly TradingView chart, this price area also represents a weekly demand zone that has absorbed repeated selling pressure. The fact that the price continues to hold this area indicates that <a href=\"https:\/\/bitcoinist.com\/ethereum-shows-accumulation-signals-buy-pressure\/amp\/\" target=\"_blank\" rel=\"noopener\">market participants are buying ETH<\/a> rather than distributing it. Volume behavior at the bottom of the chart also suggests that <a href=\"https:\/\/bitcoinist.com\/less-ethereum-to-sell\/amp\/\" target=\"_blank\" rel=\"noopener\">selling pressure has been weakening<\/a> compared to earlier phases of Ethereum\u2019s downtrend.\u00a0<\/p>\n\n<p>Tryrex expects an impulsive move to emerge as Ethereum continues to react to the $2,800 to $3,000 liquidity range. If momentum builds as anticipated, ETH could break out of its current structure and push toward higher resistance levels, with a move above $3,500 seen as an increasingly likely near-term target. With its price currently sitting above $3,000, this would represent a more than 13% increase.\u00a0<\/p>\n<p>The analyst has also revealed that his bullish forecast for ETH reflects broader conditions across <a href=\"https:\/\/bitcoinist.com\/altcoin-market-monthly-close\/amp\/\" target=\"_blank\" rel=\"noopener\">the altcoin market.<\/a> He highlighted that many major altcoins appear to be bottoming out after extended downtrends, increasing the possibility of coordinated upside moves if market sentiment and volatility improve.\u00a0<\/p>\n<h2>Ethereum Shows Early Moves In 2026<\/h2>\n<p>The market is just three days into 2026, and although major cryptocurrencies like Bitcoin and <a href=\"https:\/\/bitcoinist.com\/dogecoin-50-crash-q4-red\/amp\/\" target=\"_blank\" rel=\"noopener\">Dogecoin closed 2025 in the red<\/a>, Ethereum appears to be showing early signs of recovery. Initially, the ETH started the year in a similar downtrend, but over the past 24 hours, its price has increased by approximately 2.5%.<\/p>\n<p>CoinMarketCap data shows that from January 1 to date, Ethereum has declined by more than 9.5%. However, its <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-trading-volume-on-binance-surpasses-6-trillion-a-speculative-frenzy-unfolds\/amp\/\" target=\"_blank\" rel=\"noopener\">trading volume<\/a> in the last 24 hours has increased by over 100%, signaling strong trader interest despite the recent price dips. In addition,<a href=\"https:\/\/bitcoinist.com\/ethereum-accumulation-wallets-rise\/amp\/\" target=\"_blank\" rel=\"noopener\"> whales have been steadily accumulating ETH<\/a>, taking advantage of lower prices to increase their positions.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>A crypto analyst has predicted that the Ethereum price could balloon to $3,500 soon, potentially breaking free of the bearish pressure that has suppressed its momentum for much of 2025. Although ETH is currently trading more than 37.5% below its all-time highs, the analyst has outlined technical indicators and market structure signals suggesting $3,500 is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":124511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-124510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/124510"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124510"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/124510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/124511"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}