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Coinpedia 2026-01-12 08:54:37

Ethereum Price Squeezed at $3,100: Is ETH Coiling for a Violent Breakout?

Ethereum Price Squeezed at $3,100: Is ETH Coiling for a Violent Breakout?

The post Ethereum Price Squeezed at $3,100: Is ETH Coiling for a Violent Breakout? appeared first on Coinpedia Fintech News Ethereum price showed a daily uptick of over 2%, reclaimed the $3100 zone during the intraday session, but the volatility remains unusually compressed. For the past few sessions, ETH has traded sideways, absorbing supply while refusing to lose its $3000 support level. The current price action points to a coiling phase rather than exhaustion. The …

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