2026-01-19 20:42:32

- Ethereum Price Does Not Reflect Increased Demand

The number of exits from the Ethereum validator queue reached zero over the weekend. Meanwhile, the number of entries into the storage queue rose to over 2.5 million ETH, with an average wait time of up to 44 days. This indicates a shift in demand, as the number of ETH tokens available for storage increases while the supply decreases to meet the rising market demand.

Despite the change in demand, the Ethereum price does not reflect this shift, currently trading at $3,230. The support level at $3,145 remains a key level for the bullish trend that began on November 21, 2025.

ETH/USDT Daily Price Chart

ETH-0.6%

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Before00zero

2026-01-19 20:41:15

Bitcoin is struggling to break above the 95,000-dollar resistance level.
The price of Bitcoin fell below the 95,000-dollar level last Friday. Since then, this leading digital currency has been struggling to recover, reaching a low of $91,910 on Monday. The movement of Bitcoin's price within a defined range indicates two main levels, which are $95,889 and $92,412, both major exponential moving averages (EMA) as shown in the daily price chart.

The resistance level of $93,000 is critical on Monday, as the price has remained nearly steady over the past 24 hours.

The momentum indicator, which is a Moving Average Convergence Divergence (MACD) indicator, shows shorter green bars above the neutral line, indicating a slowdown in positive momentum in the Bitcoin price trend.

The lower boundary of the price range, at $92,412, may serve as a key support level. A daily Japanese candlestick close below this level could indicate the potential for further price correction this week.

Bitcoin/USD daily price chart

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