Ethereum Nears $3,300 on January 14, 2026 as Altseason Debate Intensifies

On January 14, 2026, Ethereum traded near $3,290 with a market cap around $397 billion, approaching the $3,300 level and drawing renewed attention to its role in a potential altcoin rotation. Despite a stabilizing ETH/BTC ratio and more than 36 million ETH staked, market signals still point to a transitional phase rather than a confirmed altseason. Analysts note that a true rotation would require sustained ETH outperformance over Bitcoin, stronger liquidity, and broader participation across mid and small-cap altcoins.