#Ethereum (ETH) Price News Today 1-1-2026 - Latest Elliott Wave Forecast for ETH and Microstructure. Video by More #Crypto Online.
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Ethereum (ETH) is trading at approximately $2,980.16 on January 1, 2026, with a slight increase over the last 24 hours. The market sentiment is cautious, with analysts offering diverse price predictions for the year 2026, many of which are significantly higher than the current price.
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Market Movement and News
-Current Price: As of early afternoon UTC on January 1, 2026, Ethereum is valued at around $2,980.16.
-Market Sentiment: The broader crypto market sentiment is currently in a state of "Extreme Fear," according to the Fear & Greed Index, suggesting investor caution despite a slightly positive price change for ETH in the last 24 hours.
-News: A new wallet address withdrew 5,798 ETH (approximately $17.24 million) from the Kraken exchange today, a significant on-chain movement.
-2026 Outlook: Analysts' price predictions for the rest of 2026 vary widely, with some forecasting a potential range of $7,500 to $20,000, while others predict a more conservative range or even a potential consolidation phase. Key drivers for potential growth include continued institutional adoption, ETF inflows, and network upgrades.
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