According to @CryptoMichNL, ETH has broken out above $3,100 and is consolidating in a pattern similar to Bitcoin, signaling potential trend continuation (source: @CryptoMichNL on X, Jan 7, 2026). He notes ETH has clearly reclaimed the 21-day moving average, which he views as confirmation of a new uptrend as long as price holds above it (source: @CryptoMichNL on X, Jan 7, 2026). Based on this setup, he identifies the next target zone at $3,800 in the coming weeks, with $3,100 and the 21-day MA as key levels to watch for trend validation (source: @CryptoMichNL on X, Jan 7, 2026).