---
title: "Bitcoin Price Back at $90K, Ethereum Eyes $3,500 Target"
canonical_url: https://www.stockexpertai.com/journal/2026-01-03/bitcoin-price-back-at-90k-ethereum-eyes-3500-target
last_updated: 2026-01-03T18:07:05.324Z
section: "Crypto Corner"
author: "Alex Sterling"
publisher: Stock Expert AI
content_type: journal-article
---

# Bitcoin Price Back at $90K, Ethereum Eyes $3,500 Target

## The Take
- Monitor Bitcoin's ETF flows for confirmation of the $90K breakout, and watch for Ethereum to test the $3,500 level.

_Bitcoin revisits $90K, while analysts predict a potential Ethereum surge. XRP shows strength amid supply reduction._

Markets are signaling something important today. Bitcoin has reclaimed the $90,000 level, reaching a three-week high. However, derivatives and spot ETF flows suggest that traders remain cautious, indicating limited confidence in further upside at this time. Simultaneously, 40% of major Bitcoin treasury firms are currently trading below their cryptocurrency holdings' net asset value, signaling potential distress in that segment. 

Ethereum is also showing signs of life, with one analyst predicting a potential surge to $3,500. This target would represent a significant breakout from the bearish pressure that has constrained its momentum throughout much of 2025. The analyst cites technical indicators and market structure signals as justification for this bullish outlook. 

XRP has also experienced a notable recovery, climbing above the $2 level. This move is supported by improved risk sentiment across the broader crypto market, as well as a reduction of 500 million XRP from supply until 2028. The supply reduction may positively influence the price.

Keep these levels in mind as you navigate today's session.

## Frequently Asked Questions

### What factors are influencing Bitcoin's price?
Bitcoin's price is currently influenced by reaching the $90,000 level, but cautious trading sentiment and potential distress among major Bitcoin treasury firms are also impacting the price. Spot ETF flows and derivatives markets are also key factors to watch.

### What is the potential for Ethereum's price?
Analysts predict a potential surge to $3,500 for Ethereum, citing technical indicators and market structure signals. This would represent a significant breakout from recent bearish pressure. Keep an eye on market sentiment and trading volume.

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_AI-generated under human editorial supervision. Educational research, not financial advice._