$BTC $ETH
On December 11-12, 2025, ETH surged and then retreated due to hawkish interest rate cut news from the Federal Reserve, followed by a period of consolidation with intense long-short battles. Here is the specific market analysis:
On December 11: The daily ETH trend was highly synchronized with Bitcoin, benefiting from the Federal Reserve's short-term favorable policy of 'interest rate cuts + balance sheet expansion', rebounding to around $3450 during the day. However, the hawkish signals conveyed by the Federal Reserve raised market concerns, leading to downward pressure on prices. The five-day upward trend was terminated, and the daily quotation stabilized around $3280, with short-term rebound momentum significantly weakened. After encountering resistance at the daily MA60 moving average, the MACD indicator showed signs of contraction, and the demand for short-term adjustments increased.
On December 12: The current price of ETH stabilized around $3200, with a daily high of $3326 and a low of $3142. From a technical perspective, the daily candlestick fell below the upper Bollinger Band of $3329, and although the MACD volume remained unchanged, the DIF and DEA were below the zero line; the four-hour candlestick presented a descending flag pattern, indicating a bearish signal. After breaking below the middle Bollinger Band, $3230 formed a resistance level, while key support is concentrated in the $3170 - $3122 area. The market is likely to consolidate within the range supported by EMA15 at $3122 and EMA120 at the trend top of $3518.
Additionally, the current key resistance level for ETH is between $3350 - $3400, with key support at $3150. If this support is lost, the next target will be the $3000 mark. At the same time, high leverage speculation has increased liquidation risks, so attention must be paid to the strength of support levels and changes in institutional capital flow.
After the interest rate cut, the market will fluctuate within this range. If there is a false breakout, everyone can position themselves within this range! Or join the chat room with Xing Ge to follow the trades together.
