As of December 21, 2025, 15:15 (UTC+8), the core market data and analysis for Ethereum (ETH) are as follows:

• Current price: approximately $2,975 (≈¥20,950), a slight drop of about 0.06% in the past 24 hours, with a sideways movement.

• Intraday range: support at $2,935, resistance at $2,995, with a short-term tendency towards consolidation.

• Technical analysis: BOLL is narrowing, SAR is close to the current price, short-term direction is uncertain; MA5/MA10 are intertwined, and in the medium term, it needs to hold above $2,980 to have a chance to test $3,050, breaking below $2,935 may lead to a drop to $2,840–$2,770.

• Market sentiment: Fear and Greed Index is around 21 (extreme fear), short-term is bearish but the long-term trend has not turned bearish.

• Fundamentals: Fusaka upgrade has improved performance, Gas Limit is up to 60M, but it is difficult to resist macro and BTC linkage effects in the short term.

Operational suggestions

• Short-term: Watchful or light position trading, a small position can be added if it breaks above $2,995, and timely stop-loss if it drops below $2,935.

• Medium-term: Wait for confirmation of a bottom in the $2,900–$3,000 range before considering adding positions.