#ETH走势分析 $ETH 2025 In December 11, 2025, Ethereum experienced a dramatic fluctuation in which it first rose and then fell sharply. After a brief spike due to the Federal Reserve's interest rate cut, it quickly retraced due to factors such as changes in policy interpretation. The specific trends are as follows:

1. Morning surge: After the Federal Reserve's interest rate cut decision was announced in the early morning, Ethereum received a strong boost, with the price quickly soaring, not only reaching a high of $3,440 but also breaking through the cycle high of $3,445. The positive news provided sufficient short-term upward momentum.

2. Rapid decline: As the market rationally interpreted the 'hawkish' characteristics of this interest rate cut and no consecutive easing signals appeared, funds began to withdraw from high-risk assets. The price of Ethereum quickly fell, not only breaking below the key level of $3,300 but also hovering around $3,271, completely erasing the gains made during the interest rate cut period. The key support for the day focused on the $3,240 - $3,200 area.

3. Strong rebound after lunch: In the afternoon, market sentiment warmed up again, and Ethereum regained its upward momentum, reaching a maximum of $3,667 during the day, ultimately closing at $3,589.6, with a 24-hour increase of 7.97%, significantly outperforming Bitcoin during the same period. The market capitalization also surpassed $712 billion.

This strong rebound of Ethereum is attributed to the liquidity benefits brought by the Federal Reserve's interest rate cut, as well as the market's optimistic expectations for its upcoming underlying protocol upgrade.