#Ethereum (ETH) Price News & Insights Today 31-1-2026 - Technical analysis of #ETH, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
As of January 31, 2026, Ethereum (ETH) is trading at approximately $2,704.75, experiencing a decline of about 3.11% over the last 24 hours. This downward movement follows a volatile month where ETH started near $3,000 and is currently underperforming compared to Bitcoin amidst a broader "risk-off" market sentiment.
Buy Ethereum >>
Key Market Insights
-Institutional Outflows: U.S. spot Ethereum ETFs recorded $155.6 million in single-day outflows on January 30, 2026, reflecting growing institutional risk aversion.
-Vitalik Buterin Funding: Vitalik recently allocated 16,384 ETH (~$45M) toward privacy-preserving and open-source infrastructure projects to support long-term innovation despite the current market slump.
-Ethereum Foundation "Austerity": The Foundation has entered a "mild austerity" phase, selling 10,000 ETH for operational funding and refocusing on core developments like scaling and security.
-Scalability Updates: The Fusaka upgrade (finalized late 2025) has expanded data capacity, while the upcoming Glamsterdam hard fork, expected in the first half of 2026, aims to further reduce fees and improve execution efficiency.
2026 Technical Outlook
Technical indicators present a neutral-to-cautious picture. The RSI is currently hovering near 44-54, indicating that while ETH is not yet oversold, momentum is stalling. Analysts suggest that while long-term institutional accumulation by entities like BitMine (which holds over 4.1 million ETH) continues to tighten supply, short-term price action remains range-bound until a clear macro catalyst emerges.
Buy Ethereum >>
