🔎 What’s going on with $ETH (ETH) — December 2025 update
📉 Recent price action & market sentiment
$ETH recently dropped sharply, sliding more than 43% from its all-time high, and currently trading around $2,800–$2,820 after a wave of selling pressure across the crypto market.
The broader market downturn has been driven by heavy macroeconomic headwinds, ETF outflows, deleveraging by large players, and rising investor risk-aversion.
That said, some analysts and AI-based forecasts argue ETH may find a floor around $3,000–$3,300, citing improving on-chain data, reduced exchange reserves, and stable demand from institutional investors.
📈 Path forward — What analysts and charts suggest
On the bullish side, there’s a widely discussed scenario that if ETH breaks certain key resistance levels, especially moves above ~$3,500–$3,600, it could target a rebound toward $3,800–$4,200 in the coming weeks.
Intermediate support seems to lie in the $2,900–$3,100 zone — if that holds, ETH could consolidate and build strength again.
On the other hand, if selling pressure resumes and support breaks, ETH could slip lower — possibly testing sub-$2,800 levels.