#Ethereum price touches $3000 support $ETH 3000 USD is a key psychological and technical support level for Ethereum. Recently, it has tested this support multiple times but has currently stabilized above it, with factors such as large holders increasing their positions and network upgrades supporting the level. However, it still faces short-term resistance and volatility risks, as detailed below:
1. Current price performance: As of December 14, 2025, Ethereum has risen 0.75% in the past 24 hours, closing at $3112, firmly standing above the $3000 support level. Previously, on December 7, it fell below $3000, but strong buying quickly pushed the price up, and it has since maintained oscillation above the support level.
2. Key supporting factors for the support level: On one hand, large holders are actively increasing their positions, with a giant whale adding 138,000 Ethereum (approximately $429 million) in a week, and BlackRock also increasing its Ethereum holdings to 3.68 million. Meanwhile, exchanges have seen Ethereum reserves drop to an 8-year low, with long-term holders tending to hold coins offline, reducing market selling pressure. On the other hand, the Fusaka upgrade launched on December 3 has improved network scalability, providing fundamental support for the price.
3. Short-term trends and risks: Technically, Ethereum currently faces a Fibonacci retracement resistance level at $3133. If it can hold this position, it is expected to advance towards $3250; if it fails to break through, it may retest the $3000 support. Additionally, the 200-day exponential moving average at $3559 remains a strong resistance, and short-term holders' profitability is at a low level. If signs of weakness appear, it may trigger selling, further impacting the $3000 support.
