Ethereum (ETH), the second-largest crypto asset by market value, has moved out of a multi-week trading range and pushed above key resistance. The shift follows increases in trading volume and activity in both derivatives and spot markets.<\/p>\n
Ethereum moved past the $3,330 level, confirming a breakout from a symmetrical triangle on the daily chart, according to chartist Ali Martinez. This pattern had formed during a period of sideways movement.<\/p>\n
Ethereum $ETH<\/a> breakout confirmed!<\/p>\n Upside now opens toward $4,000. pic.twitter.com\/z8039fJ99a<\/a><\/p>\n \u2014 Ali Charts (@alicharts) January 14, 2026<\/a><\/p>\n\n The short-term trend has turned upward following the breakout, with attention now on whether ETH can reach $3,600 and eventually $4,000. The structure is still intact, provided that ETH continues to be above $3,300, where $3,000 is the support and $2,600 as the lower boundary of the previous range.<\/p>\n In addition, Micha\u00ebl van de Poppe noted<\/a> that Ethereum held its 21-day moving average, which has supported a short-term uptrend since mid-December. \u201cNow, it\u2019s ready to make new highs and continue the uptrend<\/em>,\u201d he said, adding that the $3,800 area is his next target.<\/p>\n Meanwhile, Daan Crypto Trades pointed<\/a> to $3,350 as a key level. However, he cautioned that it remains a resistance until proven otherwise, depending on the daily closing strength around that level.<\/p>\n \u201cBreaking above this ~$3,350 level should lead to a move higher to catch the Daily 200MA next,\u201d he said.<\/p>\n At the time of writing, ETH is trading at around $3,300, showing a 24-hour gain of 6% and a 7-day rise of almost 4% (per CoinGecko\u2019s data). The move above $3,300 followed several failed attempts and was supported by an increase in volume. A reclaim of $3,450 is seen as key for a faster push toward $4,000.<\/p>\n As previously reported<\/a>, a MACD golden cross has formed, along with a crossover between the 9- and 21-day moving averages. This setup has appeared in previous cycles before extended price moves. Ethereum is now attempting to sustain these gains while testing overhead resistance.<\/p>\n Open interest in Ethereum futures on Binance has risen to $8.6 billion, its highest level since October 9. This follows a long period of stabilization after sharp liquidations brought open interest below $7 billion in late 2025. Arab Chain reported<\/a> that the increase may reflect growing trader interest.<\/p>\n \u201cThe renewed activity in the derivatives market shows rising appetite for leverage,\u201d the analyst said.<\/p>\n While the rise appears steady, analysts warn that continued spikes in open interest may raise volatility risk if the price reverses.<\/p>\n The post Ethereum (ETH) Rally Begins as Open Interest Hits 3-Month High<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum (ETH), the second-largest crypto asset by market value, has moved out of a multi-week trading range and pushed above key resistance. The shift follows increases in trading volume and activity in both derivatives and spot markets. Ethereum Breaks Out Above $3,330 Ethereum moved past the $3,330 level, confirming a breakout from a symmetrical triangle […]<\/p>\n","protected":false},"author":0,"featured_media":127168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127167","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\/127167"}],"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=127167"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127168"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Momentum Builds as Price and Volume Climb<\/h2>\n
Open Interest Reaches 3-Month High<\/h2>\n