Ethereum Primed for $4,000 As On-Chain Signals Flash Green
The post Ethereum Primed for $4,000 As On-Chain Signals Flash Green appeared on BitcoinEthereumNews.com.
After breaking above the $3,300 level, the Ethereum price is now testing a technical zone that could determine whether the market is gearing up for a run toward $4,000 or setting up for another pullback. Meanwhile, key metrics signal renewed hope for 2026, adding credence to the prospects of a move to $4,000. Sponsored Sponsored Ethereum Tests Key $3,450 Resistance as $4,000 Comes into Focus The Ethereum price has already cleared an important hurdle after breaking above $3,300, but now faces a decisive test, needing to reclaim the $3,450 level. According to analyst Ted Pillows, once this happens, the path to $4,000 could easily follow. “ETH has broken above the $3,300 level. Ethereum needs to reclaim the $3,450 level, and a rapid rally towards the $4,000 level could occur,” wrote Pillows. However, the rally is not guaranteed, as a rejection from the $3,450 resistance zone could invalidate the prospective rally. Ethereum (ETH) Price Performance. Source: TradingView What makes this setup different from past attempts is what’s happening beneath the surface. While price action remains relatively contained, Ethereum’s on-chain activity is accelerating at a pace rarely seen before. Data shared by BMNR Bulls shows Ethereum recorded 393,600 new wallets in a single day, marking a new all-time high. Over the past week, new wallet creation averaged around 327,000 per day, pushing the number of non-empty ETH wallets to a record level. According to BMNR Bulls, this growth is not driven by speculative price chasing. Sponsored Sponsored “This isn’t price-driven speculation,” the post said. “It’s driven by lower fees post-Fusaka, record stablecoin settlement activity, and real users onboarding into apps, payments, and DeFi.” Ethereum Network Growth and Total Amount of Holders. Source: CryptoQuant Ethereum Network Activity Hits New Highs Despite Rangebound Price That adoption surge is clearly evident in transaction data. Network…
Filed under: News - @ January 14, 2026 7:27 pm