Ethereum Rebounds: MACD Crossover Sparks $4.8K–$8.5K Rally!!

Ethereum around $3,300 as bullish MACD crossover fuels targets to $4.8k–$8.6k while Tom Lee eyes $7k–$9k amid mixed market signals

  • Ethereum trades near $3,300 while Bitcoin has moved above $90,000.
  • Javon Marks posted that a fresh MACD bullish crossover has appeared on ETH’s chart, noting a similar signal preceded a ~217% rise. (Javon Marks tweet)
  • Marks set targets of about $4,812 and $8,558 if the move continues, after the recent crossover near $2,900.
  • Tom Lee of Bitmine said Ethereum could reach $7,000–$9,000 by early 2026 and has a longer-term case for $20,000. (CoinMarketCap tweet)
  • CoinCodex ETH stats forecast ETH at about $3,553 by Feb. 4, 2026, and report a Fear & Greed Index of 26 with 60% green days over the past 30 days.

Ethereum traded around $3,300 as 2026 began, with Bitcoin moving past $90,000. Market watchers point to a bullish MACD crossover and renewed interest in tokenization as reasons for the price action.

- Advertisement -

Javon Marks highlighted the MACD development on Twitter and noted its historical impact. “The MACD on $ETH’s chart has recorded another bullish crossover! The last time this happened, prices were near $1,550, and they surged approximately +217% after to $4,950+. The crossover highlighted today happened near $2,900, and we are targeting $4,811.71, then $8,557.68…… (Ethereum).” (Javon Marks tweet)

Marks’ specific price calls imply potential targets near $4,812 and $8,558 if the pattern repeats. The recent crossover occurred near $2,900, according to his post.

Separately, Tom Lee of Bitmine made public comments on the outlook for ETH and tokenization. “LATEST: 📈 Bitmine chairman Tom Lee told CNBC that Ethereum could reach $7,000-$9,000 by early 2026 as Wall Street accelerates tokenization efforts, with a longer-term case for $20,000.” (CoinMarketCap tweet)

Market data from CoinCodex forecasts ETH at about $3,553 by Feb. 4, 2026, notes a current bearish technical sentiment, reports a Fear & Greed Index of 26, and records 18 of 30 green days with ~3.55% volatility over the prior 30 days.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Figure Hit by Data Breach After Social Engineering Attack

Figure Technologies confirmed a customer data breach stemming from a social engineering attack on...

Tesla makes $8,000 FSD a $99/month subscription only

Tesla is eliminating a one-time $8,000 purchase option for its Full Self-Driving (FSD) technology,...

Jake Paul Partner’s ‘0% Rug Pull’ AI Memecoin Panned

The founder of an AI-themed memecoin claims there is 'no founder rug pull risk'...

Trump Media Files To Launch Bitcoin, Ethereum, Cronos ETFs

Trump Media's Truth Social Funds filed for two new crypto ETFs focused on Cronos,...

VeChain Releases Essential Onboarding Guide Compilation

The VeChain Foundation has released a comprehensive "Essential Resources" document to onboard new users...

Must Read

10 Best Bitcoin Debit Cards

You are reading this post because you want to get your hands on the best bitcoin debit card - right? Well, we got you covered. We...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!