2025-12-29 12:29:10

Ethereum is currently stuck at the $3000 level, and honestly, the pressure at this point is quite significant. There are technical factors as well as market psychology issues at play.

From a candlestick perspective, the vicinity of 3000 has historically been a resistance level that bulls in the 2021 bull market struggled to break through. During the rebound in April this year, it was also pushed back at this level. More importantly, the weekly MA200 moving average is now firmly pressing down on the 3050-3100 range, forming a strong resistance. Recently, the volume during this rebound hasn't shown a significant increase, indicating that bullish confidence isn't very strong.

Macroeconomic issues are even more pressing. The Federal Reserve's pace of rate cuts is still undecided, and market expectations for liquidity in 2025 have been fluctuating. Since the launch of spot ETFs in July, the inflow of funds has not been as aggressive as Bitcoin's, suggesting that institutional demand appears relatively weak. On-chain activity is also lackluster—Gas fees remain sluggish, DeFi total locked value updates are sparse, and the overall ecosystem heat is nowhere near the levels seen during the 2021 bull market.

Key levels to watch include: the weekly MA200 at 3050-3100 combined with historical resistance. If a volume breakout occurs, it could open the way toward 3300+. The short-term support levels are 2850-2900; if prices fall below, they might test 2700-2750. The 2700 level is the daily MA200, which in a sense is the bulls' last lifeline; losing it could weaken the overall trend.

In short, Ethereum is now at a "defendable or attackable" crossroads. $3000 isn't impossible to break through, but it requires genuine incremental capital inflows, or a clear shift in the Fed's stance toward more easing, or a sudden explosion in on-chain activity. Otherwise, it will likely oscillate within this range, gradually accumulating strength.

For short-term traders, my advice is to wait until 3050 truly stabilizes and a confirmation signal appears on the daily chart before considering chasing longs. If you're a medium- to long-term holder, entering in stages below 2900 might offer better value.

ETH-0.04%

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AirdropHunter9000

· 9h ago

In simple terms, if the Federal Reserve doesn't loosen its stance and the ecosystem doesn't pick up, ETH will just keep fluctuating here. Wait, is it really true that institutional demand is weak, or is it just that the spot ETF hype hasn't caught up? Breaking 2700 is really troublesome, but it's not that desperate yet. Honestly, the 3000 level is indeed tough, but without the Federal Reserve's clear stance, who dares to push hard? The DeFi locking volume is so weak, no wonder the bulls lack confidence; volume can't be fooled. Is below 2900 really the entry point, or do we need to see another dip first? Staring at these few levels every day is a bit tiring; let's just wait for the Federal Reserve to give a signal.

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MechanicalMartel

· 9h ago

To be honest, this position is really uncomfortable, and insufficient trading volume is a dead end. Wait, is institutional demand so weak? Then why hasn't there been a bloodbath since the ETF was launched? Is 2700 really the last line of defense? It feels like it can go a bit lower. But to be fair, those entering now are indeed betting on the Federal Reserve easing. That's a pretty big gamble. For short-term trading, forget it. I'll wait until 3050 stabilizes before acting, to avoid catching a falling knife.

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BlockchainArchaeologist

· 9h ago

To be honest, this wave of Ethereum really hit a bottleneck, and the 3000 level is too tough to break through. Institutional inflow speed can't keep up, and on-chain activity is even less impressive, definitely not comparable to 2021. Only when it drops below 2900 is it a real entry point. Wait for signals in the short term, don't chase blindly.

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PretendingSerious

· 9h ago

3000 this level is really tough, no new volume coming in, just repeatedly scraping, wait until the Fed's stance is clear before acting. --- Honestly, before the Fed takes action, short-term chasing longs is just gambling; entering at 2900 feels more solid. --- Ma200 holding steady without breaking means stop dreaming; the ecosystem isn't as hot as before. --- With such weak inflows into spot ETFs, institutions are really not sincere. --- Wait until 3050 stabilizes before playing; right now it's just consolidating and gathering strength, be patient. --- 2700 is the last line of defense; as the saying goes, if it can't hold, it really weakens. --- Even the gas fees have decreased, and DeFi has nothing new; the entire chain just isn't hot. --- Being flexible between offense and defense means just keep pushing; Bitcoin is so strong, but Ethereum is like this. --- Long-term, it's okay to buy in batches downward; for short-term, just wait for signals, no need to rush.

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