TLDR

Long-term wedge compression suggests Ethereum price is nearing a major directional breakout.
Daily charts show higher lows, signaling stabilization rather than trend reversal.
Holding rising support keeps the bullish structure intact despite market pressure.
ETF outflows add short-term risk but have not yet broken key technical levels.

Ethereum is approaching a critical decision zone as long-term compression, short-term stabilization, and institutional flows converge. Analysts highlight that the structure remains intact, but pressure is building. Together, the charts suggest that Ethereum price could be nearing a decisive move toward the $4,000 zone if support holds.

Long-Term Ethereum Price Compression Signals Major Move

According to analyst Don’s chart, a broad contracting wedge spans several years. Ethereum price continues to trade between descending resistance and rising support, reflecting sustained compression. Such formations often precede large directional resolutions once balance breaks.

The rising support line remains the most important technical reference in this structure. Ethereum price has rebounded from this level multiple times, confirming strong long-term demand. Each defense has produced higher lows, reinforcing the broader constructive setup.

However, the asset remains capped below descending resistance, leaving the structure unresolved. The longer compression persists, the more forceful the eventual outcome tends to be. A sustained hold above red support keeps the Ethereum price structure technically intact.

Daily Chart Shows Short-Term Support Holding Firm

Meanwhile, analyst More Crypto Online focused on the daily timeframe and near-term structure. The chart highlights an ascending trendline that has acted as consistent local support. Following a corrective pullback, the price has stabilized along this line.

Moreover, the formation of higher lows indicates controlled retracement rather than aggressive distribution. Buyers appear willing to defend dips earlier, limiting downside follow-through. This behavior supports consolidation rather than immediate trend reversal.

Despite stabilization, upside progress remains constrained by overhead resistance. The market remains in balance, with direction dependent on trendline integrity. A breakdown would pressure Ethereum price, while continued defense supports structural stability.

ETF Outflows Add Institutional Pressure to Market

According to analyst Ted Pillows, ETF flow data introduces a critical fundamental layer. Ethereum ETFs recorded a net outflow of roughly $230 million in a single session. This represents one of the largest daily withdrawals in recent periods.

More so, BlackRock alone accounted for approximately $92.3 million of that selling activity. The scale suggests institutional portfolio adjustments rather than retail-driven volatility. Such institutional selling often dampens short-term upside momentum.

Importantly, ETF outflows do not automatically invalidate chart-based support levels. However, persistent selling increases downside risk if technical levels weaken. As a result, ETF flows remain a key variable shaping near-term Ethereum price behavior.

The post Ethereum Price Near Decision Zone as Charts Point Toward $4,000 Move appeared first on CoinCentral.

---

Filed under: News - @ January 21, 2026 7:24 pm