As of January 7, 2026, Ethereum (ETH) trades at approximately $3,250–$3,270 USD.

Reaching $4,000 this month would require a roughly 22–23% increase from current levels in the remaining ~3 weeks of January.
Current Market Context
ETH has shown modest gains early in 2026, recovering from late-2025 consolidation.
Spot Ethereum ETFs saw significant inflows in the first trading days of January (e.g., ~$174 million on January 2 alone, part of broader crypto ETF inflows exceeding $600–670 million combined with Bitcoin).
This indicates renewed institutional interest after outflows in late 2025.
Price Forecasts and Analyses
Most short-term forecasts and technical analyses for January 2026 point to consolidation or moderate upside in the $3,200–$3,700 range, with some optimistic scenarios pushing toward $4,000+ by month-end:
Several sources predict averages around $3,300–$3,500 by mid-to-late January.
Bullish outlooks suggest potential for $4,200–$4,500 by end of January if momentum from ETF inflows, Layer-2 adoption, and staking demand sustains.
More conservative predictions keep it below $3,600–$3,800, citing resistance levels around $3,300–$3,350 and ongoing volatility.
Extreme bullish calls (e.g., $7,000–$9,000 early 2026) exist but are longer-term and less tied specifically to January.
Possibility Assessment
Yes, ETH could reach $4,000 in January—it's plausible in a strong bullish scenario driven by continued ETF inflows, positive macro sentiment, or a broader crypto rally (e.g., Bitcoin pushing higher). Crypto markets are highly volatile, and 20%+ moves in a few weeks have happened before.
However, based on the distribution of current analyses, it's not the most likely base case; many expect it to stay below $4,000 for most or all of January, with higher targets more probable later in 2026.
Always consider market risks—prices can swing sharply due to news, liquidity, or global events. This is not financial advice; do your own research.