January 2026 Ethereum Whale Big Bet: Will ETH Surge or Plunge?

Jakarta, Pintu News – The cryptocurrency market is always full of interesting dynamics, and this time the spotlight is on Ethereum after a whale made a $63 million short bet. This raises a big question among investors and market watchers: will Ethereum (ETH) manage to break through resistance or will it decline?

A $63 Million Bet and the Risks Behind It

A cryptocurrency whale recently placed a large short position on Ethereum (ETH) to the tune of $63 million using 3x leverage. This bet was made with the expectation that Ethereum (ETH) would not be able to break the $3,200-$3,400 resistance zone. If this prediction misses and Ethereum (ETH) manages to break the resistance, the whale could face huge losses with the liquidation price reaching $4,545.

However, this could be a calculated risk, assuming that the market will refuse to go higher than that level. This decision shows how complex the strategies used by large investors in the crypto market are.

Also Read: Bitcoin (BTC) Prepares for a Surge: Potential Rise to $104,000 in the Near Future?

Bullish Rebound Potential in the First Quarter

Based on historical data, Ethereum (ETH) often shows strong performance in the first quarter after a red fourth quarter. Going into 2026, there are indications that Ethereum (ETH) may follow a similar pattern. Expectations for a bullish rebound are growing among traders.

Although Ethereum (ETH) may fail to break the $3,400 resistance, the first quarter could still be a golden opportunity for bulls. Especially if demand increases around the lower support levels. This could be the crucial moment that investors are waiting for.

$3,000 Support, Liquidity Zones, and Technical Indicators

Currently, the Ethereum (ETH) liquidity heatmap shows a significant cluster around the $3,000 support level. This indicates that a test of this zone is possible if the $3,200-$3,400 resistance holds. Large leveraged positions in this area often trigger rapid price movements.

In addition, the Ethereum (ETH) price chart also shows strong resistance of $3,200-$3,400, with a Relative Strength Index (RSI) of 70.60 indicating overbought conditions. The Moving Average Convergence Divergence (MACD) shows a decrease in bullish momentum, which adds to concerns that Ethereum (ETH) may fail to break the level. If this happens, a pullback to $3,000 could occur, at which level liquidity could trigger important price movements.

Future Projections

With all these dynamics, the cryptocurrency market, particularly Ethereum (ETH), remains an uncertain yet exciting arena. Investors and traders must constantly monitor technical indicators and market developments to make informed investment decisions. As always, doing your own research before making an investment decision is highly recommended.

Also Read: New Record! Ethereum Records $8 Trillion Worth of Stablecoin Transactions

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• AMB Crypto. Assessing Ethereum Whales, $63M short bet, and what’s next for ETH’s price. Accessed on January 6, 2026