Ethereum bulls focus on $3,085 as key support for potential breakout toward $3,660 and $4,000

On January 19, 2026, analysts highlighted $3,085 as the crucial Ethereum support level that must hold to keep the current bullish thesis intact. ETH has traded in a tight range between about $2,600 and $3,400 for 66 days, while on-chain activity, ETF inflows of roughly 158,545 ETH, and price structure all converge near this zone. With Ethereum at $3,223.78 and daily active addresses above 800,000, market participants are watching whether the price can defend $3,085 and reclaim $3,400 to open targets at $3,660 and potentially $4,000.