As of January 7th, Ethereum trading prices are hovering around $3,210. From a technical perspective, the short-term trend shows a sideways to slightly bullish movement, with key support levels at $3,150 and $3,050. To break upward resistance, prices need to surpass $3,260 and $3,350. The overall short-term market direction is largely influenced by Bitcoin's movement and ETF capital flows.

Looking mid-term (1-6 months), Ethereum's trajectory depends on several factors. Whether the Glamsterdam upgrade proceeds smoothly, and the demand strength for DeFi protocols and RWA (Real-World Asset on-chain) ecosystems are important variables. From a neutral outlook, Ethereum may trade within the $3,500-$5,000 range. If market sentiment remains optimistic, there is a chance to challenge the $6,000 level; conversely, if risk is released, prices could retest support at $2,800-$3,000.

Extending to a long-term perspective (1-3 years), Ethereum's performance will depend more on ecosystem expansion progress and institutional capital allocation willingness. Conservatively, a reasonable range might be $4,000-$6,000; under a neutral scenario, a target of $6,000-$10,000 is more realistic; while an optimistic scenario points to prices above $10,000. Ultimately, it depends on whether technical upgrades are successfully implemented and the clarity of global regulatory frameworks. In summary, hold firmly and manage risks well.