As the trading week concluded on January 4, 2026, the cryptocurrency market presented a mixed picture. While some assets faced downward pressure, Ethereum Classic (ETC) and Ethereum (ETH) demonstrated notable bullish strength, according to data from CoinStats and CoinMarketCap.
Ethereum Classic (ETC) saw a significant surge, with its price increasing by 3.15% over the last 24 hours, trading at $12.84 at press time. Technical analysis across multiple timeframes suggests continued buyer control. On the hourly chart, the price action remains bullish, with potential for growth toward the $13 area if bullish pressure persists. A broader view indicates that ETC has bounced from a key support level at $11.47. Analysts project that if the weekly candle closes strongly, the altcoin could test the $13-$13.50 range in the coming week, with a potential rise to the $13-$14 zone by month's end.
Meanwhile, Ethereum (ETH) also maintained a positive trajectory, rising 1.19% over the last day and 6.85% over the past week, with a press time price of $3,134. On the hourly chart, ETH is trading within a local channel between support at $3,126 and resistance at $3,162. The daily Average True Range (ATR) suggests limited volatility for the immediate future. The broader outlook remains favorable for bulls as long as the price holds above the $3,077 level, with a potential move toward $3,200 if momentum continues. However, from a mid-term perspective, ETH appears to be accumulating energy, with low trading volume indicating a lack of decisive momentum from either buyers or sellers. The more likely scenario for the near future is continued sideways trading in the $3,100-$3,300 range.
