Ethereum Surges Above $3,100 But Bearish Alarm Bells Ring
Posted On January 8, 2026
Ethereum (CRYPTO: ETH) has reclaimed the $3,000 level on broader market strength, but signals remain mixed on whether the move can extend into a sustained breakout.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Ethereum | (CRYPTO: ETH) | $3,121 | $375 billion | +4.3% |
| Bitcoin | (CRYPTO: BTC) | $91,076 | $1.81 trillion | +3.2% |
| XRP | (CRYPTO: XRP) | $2.15 | $129.3 billion | +14.6% |
Trader Notes: Michael van de Poppe said Ethereum’s recent price action is structurally healthy despite some concerns. ETH has confirmed an upside breakout and is now undergoing …