$ETH Quick Ethereum (ETH) Update — Dec 8, 2025
• ETH is currently trading around $3,105–$3,110 — showing a short‑term rebound after recent dips. 
• The broader crypto market is “in the green” today: improving sentiment and hopes for lower interest rates are giving a lift to ETH and other major assets. 
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📈 What’s Driving Momentum — Technical & Fundamental Signals
Upside catalysts:
• Recent upgrades — notably Fusaka Upgrade just deployed on Ethereum — aim to boost scalability (higher “blob” capacity, lower L2 fees). This could help increase network adoption, a long‑term bullish factor. 
• Analysts see potential breakout zones: if ETH breaks above resistance around $3,100–$3,200, some target further upside toward $3,400–$3,500+ in the next few days. 
Risks & pressure points:
• The market remains volatile — ETH declined notably during November as outflows from ETFs and “whale” deleveraging weighed on price. 
• Even with bullish technical setups, macro‑economic factors (global rate expectations, regulatory developments, broader crypto sentiment) could derail the rally.
My Take (Not Financial Advice)
Ethereum looks relatively well positioned for a near‑term bounce, especially given the recent network upgrades and improving sentiment. That said, I expect moves to remain choppy — the path to $3,500+ is plausible, but only if technical momentum and broader market conditions align. For now, it may be worth watching $3,200 closely — a clean breakout or strong rejection there could set the tone for what comes next.#eth #USJobsData #WriteToEarnUpgrade #CPIWatch
