The number of daily active addresses in Ethereum has doubled to more than 800,000, with the key support range being $3,119 to $2,772

On January 19, analyst @alicharts pointed out that the number of daily active addresses in Ethereum has doubled in the past two weeks, exceeding 800,000, indicating increased network participation.
Recent Ethereum ETF buying has been concentrated in the $3,119 to $2,772 range, becoming a key support area. Technically, Ethereum continues to consolidate within a triangle on the daily chart.
If the price holds above the $3,085 support, a break above the $3,400 resistance could trigger a move towards $3,660 and possibly even further gains towards $4,000.