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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.

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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.

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