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Ethereum (ETH) remains on an upward trend as of January 6, 2026. As of 04:47 on that day, the ETH price reached $3,241.35, a 3.20% increase, with intraday trading ranging from $3,136.85 to $3,263.74.
From a technical perspective, the daily MACD for ETH has formed a golden cross, indicating a short-term bullish trend, with the price staying above all moving averages. However, the hourly MACD shows signs of bearish divergence, and both the KDJ and RSI indicators are in overbought territory, suggesting potential short-term pullback pressure. Key resistance is around $3,300, while support levels are at $3,132 and $3,082.
Overall, the short-term bullish trend for ETH continues, but caution is advised for technical corrections after overbought conditions. It is recommended to wait for a pullback to support levels before entering long positions, to avoid chasing high prices.