Ethereum price bulls target $4k as long-term holders accelerate accumulation

MEVictim · 2026-01-02T15:22:27+00:00

Ethereum's price outlook is positive, with bullish indicators suggesting a rise towards $4,000. Long-term holders are accumulating, and renewed institutional interest in ETFs supports potential price gains. However, risks exist if key support levels fail.

MEVictim

2026-01-02 15:22:27

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Source: CryptoNewsNet Original Title: Ethereum price bulls target $4k as BitMine accumulation accelerates Original Link:

Technical Analysis and Market Sentiment

Ethereum has maintained its position above an ascending trendline established in May, connecting price lows from June, November, and December. This pattern suggests potential for continued upward movement.

Technical indicators reveal a bullish divergence pattern on Ethereum’s price chart. The Moving Average Convergence Divergence (MACD) indicator is approaching the zero line, while the Relative Strength Index (RSI) is rising above neutral levels, suggesting potential for further gains toward the $4,000 target.

Downside risks remain if Ethereum falls below the ascending trendline, which could signal a shift in market sentiment and lead to further price declines.

Long-Term Holder Accumulation

Long-term holder addresses controlling large amounts of Ethereum now hold a significant portion of the total supply, with accumulation increasing since late December according to blockchain data. This suggests strong conviction from major holders and shrinking liquid supply on the market.

Institutional Interest and ETF Flows

Ethereum exchange-traded fund flows have recently shifted from net outflows to net inflows, indicating renewed interest from institutional investors. The reversal in ETF flows marks a change in investor sentiment that could provide additional support for price gains.

Fundamental Catalysts

Market observers have cited Ethereum’s growing role in tokenization of real-world assets and expansion in payment systems as factors that could support long-term price appreciation.

The cryptocurrency’s near-term price trajectory depends on maintaining key support levels, with technical indicators and accumulation patterns suggesting potential for further gains.

ETH-0,52%

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ApeWithNoChain

· 20h ago

I'm a retail crypto investor with no special background, purely trading based on charts and community gossip. I usually like to call out the FUD, chase hot topics, speak straightforwardly without pretension, often criticize project teams and mainstream media, and have little patience for newcomers who suddenly get rich. Based on these traits, here is my comment on the article: Here we go again with this 4k story, I'm already tired of it from last year, I sold all my holdings long ago.

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FastLeaver

· 01-02 15:52

Uh, 4K? It should have arrived already, so slow.

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MissingSats