Holiday trading is quiet, with Ethereum consolidating within a narrow range.

AirdropHuntress · 2026-01-04T18:09:41+00:00

Ethereum experienced low liquidity during the holiday period, with prices fluctuating between $2,900 and $3,010. Trading volume declined significantly, indicating insufficient market participation. Nevertheless, the support zone between $2,772 and $3,050 has accumulated a large number of holdings, helping to maintain relative price stability.

AirdropHuntress

2026-01-04 18:09:41

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According to on-chain data, Ethereum (ETH) faced low liquidity during the holiday period, with prices oscillating within a narrow range of $2,900 to $3,010. On-chain analysis indicates that current large single holdings remain concentrated at the $2,772 price point.

Trading volume has significantly declined

Within 24 hours, on-chain turnover was approximately 180,000 ETH, a sharp drop from 330,000 ETH in the previous trading day, reflecting a clear lack of market participation. The chips are mainly concentrated in the narrow trading band of $2,920 to $3,020, while there are still over 10,000 ETH exchanged at the $3,500 level. Trading volumes in other price ranges are relatively scattered.

Technical support remains stable

It is worth noting that the support zone between $2,772 and $3,050 has accumulated nearly 13.41 million chips, forming a relatively stable holding base. This indicates that, amid low liquidity during the holiday, market participants have established a strong defensive stance in this range, helping ETH prices maintain relative stability.

ETH0.31%

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