As of December 16, 2025, 20:25 (Beijing time), the ETH price is approximately $2930, with a 24-hour decline of about 6.1%. The overall trend is showing a weak downward movement, linked to BTC's weakness.

Core Market and Key Levels

• Daily Rhythm: The daytime session lost the psychological barrier of $3000, with low-level fluctuations in the evening, dominated by bears, and bulls lacking momentum.

• Key Support: $2900-$2850 (strong support at $2850); Key Resistance: $3000-$3020, strong resistance at $3080-$3130.

Technical Highlights

• 4 Hours: Price is near the lower Bollinger band, MA5/MA10 death cross, RSI has exited the oversold zone but the rebound is weak, MACD continues bearish divergence below the zero line.

• 1 Hour: Alternating between bulls and bears but without a clear turning point, high probability of short-term adjustment,建议以反弹高空为主.

Evening Trend Judgment

There is a high probability of continuing weak low-level fluctuations, first checking the effectiveness of the $2900 support; if it falls below $2900, look down to $2850-$2800; if it rebounds and breaks through $3020, it may briefly test $3050, but the overall bearish sentiment remains unchanged, and the rebound space is limited.