🔷 Ethereum Update - Dec 25, 2025

Current Price: ~$2,946 (-0.56%)

The Reality Check:$ETH

Down 41% from ATH of $4,953 (Aug 2025)

Lost 12% in 2025 (vs Bitcoin's gains)

Trading below $3K since Q4

Market Cap: $355B (#2 crypto)

What's Weighing ETH Down:

6 straight weeks of ETF outflows ($84M on Dec 24 alone)

Hedge funds unwinding basis trades from Q1

Holiday profit-taking & thin liquidity

Bearish sentiment: Fear & Greed at 24

The Bright Side:

Fusaka upgrade went live Dec 3 (doubled L2 capacity)

Staking hits record 33M ETH despite withdrawals

Network activity remains strong (452M monthly txns on Base)

Gas limits increased to 45M (15% more throughput)

Technical Setup:

Support holding around $2,800-$2,950

Resistance at $3,100-$3,200

RSI shows oversold conditions

Whale accumulation signals emerging

Analyst Targets:

Short-term: $3,180-$3,250 by year-end

2026: $3,900-$4,600 if momentum builds

Bottom Line: ETH underperformed in 2025, but infrastructure upgrades + staking fundamentals suggest the foundation is solid. Can it break out in 2026, or will institutional caution persist? 🤔