Ethereum steadies in early 2026 as analysts eye $3,120 and $3,550 hurdles

As 2026 begins, Ethereum is stabilizing after months of volatility, with analysts pointing to improving momentum. Luca highlights $3,120 as the critical Fibonacci level to reclaim, while StockTrader_max notes ETH's first daily close above the 50-day MA since October 9 and targets the 200-day near $3,550 for further confirmation.