Ethereum Eyes $4,000 As On-Chain Activity, ETF Demand And Liquidity Build Up
At the start of 2026, Ethereum rebounded above $3,000 but remains capped by strong resistance around $3,400 while consolidating below this level. Analyst Ali Martinez highlights a sharp rise in daily active addresses above 800,000 and roughly 158,545 ETH accumulated by ETFs since December 29, supporting a potential move toward $4,000. Other analysts see patterns that could target $5,000, though ETH has recently slipped 3% and about $3.4 billion in shorts may be exposed if price clears $3,400.
