\u201cThat\u2019s a quick turnaround for ETH,\u201d said MN Fund founder and crypto YouTuber Micha\u00ebl van de Poppe on Wednesday.<\/p>\n
The analyst added that the asset has \u201calmost entirely reclaimed the losses of last week against Bitcoin.\u201d<\/p>\n
\u201cThat\u2019s a strong signal, and I think that there\u2019s more to come as it\u2019s holding a crucial level of support.\u201d<\/p>\n
ETH prices gained<\/a> 2.6% on the day to reach $3,028 during the Wednesday morning trading session in Asia. The asset was holding just above the psychological $3,000 barrier at the time of writing.<\/p>\n Ether only remained below this level for six days, and now appears to be heading for the next resistance zone at $3,100.<\/p>\n That\u2019s a quick turn-around for $ETH<\/a>.<\/p>\n It\u2019s almost entirely reclaiming the losses of last week against Bitcoin.<\/p>\n That\u2019s a strong signal, and I think that there\u2019s more to come as it\u2019s holding a crucial level of support. pic.twitter.com\/vmuyYqBRyH<\/a><\/p>\n \u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) January 27, 2026<\/a><\/p>\n\n Glassnode analyst Chris Beamish reported<\/a> on Tuesday that Ether is \u201ctrading on a dense cost basis cluster, a key breakeven zone for many holders.\u201d<\/p>\n \u201cHolding here suggests absorption and base building, but a breakdown would move price into thinner support where underwater supply may derisk. Next move hinges on this level.\u201d<\/p>\n Santiment reported<\/a> on Wednesday that Ethereum\u2019s amount of \u201cnon-empty wallets on the network\u201d has now ballooned to over 175 million, a record among all cryptocurrencies.<\/p>\n \u201cAs staking continues to be of strong interest, especially while markets move sideways, exchange supply will continue to shrink as well.\u201d<\/p>\n Ethereum\u2019s validator network is so strong, and \u201cwe see continued demand to become a validator and stake ETH,\u201d said<\/a> Blockchain Technology Consensus Solutions CEO Charles Allen on Tuesday.<\/p>\n Over the past month, staking<\/a> withdrawals have dropped to about a one-day wait, while the deposit queue has grown to more than 54 days, he added.<\/p>\n \u201cIn simple terms, far more people and companies want to stake ETH than exit. This is a strong signal for network security and validator participation.\u201d<\/p>\n Meanwhile, Bitwise reported<\/a> that last quarter, companies bought more than 1 million ETH worth $3.5 billion, the number of public companies holding ETH increased 40%, and Ether corporations accounted for 5% of all Ethereum holdings.<\/p>\n \u201cProbably nothing,\u201d they quipped.<\/p>\n The post Ethereum Price Reclaims $3K in \u2018Quick Turnaround\u2019 Amid Solid Fundamentals<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u201cThat\u2019s a quick turnaround for ETH,\u201d said MN Fund founder and crypto YouTuber Micha\u00ebl van de Poppe on Wednesday. The analyst added that the asset has \u201calmost entirely reclaimed the losses of last week against Bitcoin.\u201d \u201cThat\u2019s a strong signal, and I think that there\u2019s more to come as it\u2019s holding a crucial level of […]<\/p>\n","protected":false},"author":0,"featured_media":130514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130513","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\/130513"}],"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=130513"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/130514"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ethereum Fundamentals Are Strong<\/h2>\n