On December 5, 2025, Ethereum’s performance was weaker than Bitcoin, showing a decline followed by a rebound. Yesterday, after surging to 3240, it experienced volatility due to selling pressure, dipped to 3064 in the evening along with the market drop, and then rebounded to around 3150 on buying support, recovering most of the lost ground. The hourly RSI rose from the oversold zone at 35 to the neutral range at 55, indicating oversold conditions have been corrected. Technically, the long lower shadow on the daily chart suggests strong buying at lower levels; whether it can stabilize in the 3150 - 3220 range is key for rebuilding bullish confidence. Key support levels are at 3100 and the 3064 low, while resistance is concentrated in the 3180 - 3220 range, with strong resistance at 3240. There has been some capital inflow, the Fusaka upgrade brings positive news, but market sentiment remains cautious, and short-term volatility risks should be watched. #成长值抽奖赢iPhone17和周边

ETH-0.01%
BTC-1.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)