On December 16, 2025, Ethereum showed a significant downward trend, clearly pressured at key price levels. Current analysis:

From yesterday to today, Ethereum has dropped over 6%, with the price hitting a low of $2932, fluctuating around $3100 during the day, and failing multiple times to stabilize above the 50-day exponential moving average at $3280. Moreover, market panic is strong, with over $600 million in cryptocurrency contracts liquidated within 24 hours, a high proportion of which were long liquidations, and the phenomenon of Ethereum investors cutting losses is widespread, further exacerbating price volatility.

In terms of support levels, $3000 is an important psychological support level, with the key support range being $3017 - $3000. If broken, it may drop to the $2940 - $2749 region; regarding resistance levels, recent key resistance is at $3175 - $3200, with further resistance at $3280. Meanwhile, short-term strategies indicate that one could lightly short in the $3095 - $3145 range, with a stop loss of 30 points, targeting below $3000 with proper stop loss management.

The daily RSI indicator is at 49, below the critical value of 50, showing early bearish signs, indicating that the current upward momentum of Ethereum is insufficient, with bearish forces temporarily occupying #ETH走势分析 #加密市场观察 $ETH .