Story Highlights* Ethereum is trading in a derivatives-defined range, with options positioning reinforcing $3,000 as support and $3,200 as near-term resistance
Without a surge in short-dated call buying or spot volume, upside attempts above $3,200 are likely to fade rather than trend.
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Why Ethereum (ETH) Price Is Likely to Consolidate Between $3,000 and $3,200 in Early 2026
Story Highlights* Ethereum is trading in a derivatives-defined range, with options positioning reinforcing $3,000 as support and $3,200 as near-term resistance