Ethereum ($ETH ) Analysis - December 17, 2025
Current Price: ~$2,930–$2,950 USD
24h Change: -5–7% (bearish pressure, high volatility)
Key Levels:
Support: $2,800–$2,900 (critical hold)
Resistance: $3,000–$3,200
RSI: Neutral (43), not oversold yet
Short-Term Outlook: Bearish bias today. $ETH dipped below $3K amid broader market correction. Watch for bounce if holds $2,900; break lower risks $2,800 test. Recent Fusaka upgrade (early Dec) boosted L2 capacity, but macro fears dominate. High volume ($27B+ 24h) signals trader caution.
Trading Tip: Scalp longs on support retest with tight stops; shorts if rejects $3K.
ETH
2,991.55
+0.28%