$ETH update on Ethereum (ETH) — as of early December 2025:
Ethereum has recently slipped to around $3,020–$3,100, reflecting a substantial drawdown over the past months — losing roughly 26.7% in the last 30 days and over 35% in the past quarter. Technically, many oscillators and moving-averages signal bearish momentum: the short-term moving averages (e.g. MA3, MA5, MA10) remain in “SELL” zones, and overall market sentiment is characterized as “Extreme Fear.”
That said, there are some emerging signs of possible recovery. Recent technical-analysis reports suggest ETH could rebound into the $3,200–$3,400 range in the coming weeks if it breaks above near-term resistance levels. On the fundamental side, the recent mainnet update — the Fusaka upgrade — may improve scalability and long-term network utility, which could support renewed investor interest if adoption rises.
But risk remains: if ETH fails to hold roughly $2,800–$2,900 support zone under worsening macro conditions, a deeper dip could unfold.
Bottom line: Ethereum is at a delicate inflection point — short-term technicals look weak, but structural upgrades and a potential support-level rebound offer hope for a medium-term bounce. It may pay to watch whether ETH can reassert itself above $3,200 — a break there could renew bullish momentum.
