December 12, 2025 Ethereum is primarily in a volatile pattern. Current situation:
Ethereum previously encountered strong resistance at $3400 and fell back, oscillating narrowly around $3200 during the day, having dipped to $3140 before recovering. It is currently in a consolidation phase after retracing previous gains, and compared to Bitcoin, it shows slightly weaker performance.
Key support level to watch is $3150, which is a critical on-chain support with a large number of positions concentrated here; if it breaks down, it may test $3100 and $3000. Resistance levels are concentrated between $3280 - $3320, with further resistance in the $3350 - $3400 range.
In the 4-hour chart, the MACD has a dead cross with decreasing volume, and bearish momentum has somewhat weakened, but a golden cross has not formed yet, indicating limited short-term momentum recovery; the middle band of the Bollinger Bands at $3230 forms resistance, and EMA15 provides support at $3122; the STOCH RSI is in an overbought state, suggesting a certain demand for short-term pullback. Make sure to set your stop loss #ETH走势分析 #加密市场观察 $ETH
