If Bitcoin collapses due to interest rate hikes, where will Ethereum drop to? The last defense line is the previous low of 2600.
Ethereum is also quite interesting; this wave of decline directly leads Bitcoin. Observing the recent small-scale trends, it seems that every time it moves, there is a wave of sideways false breakouts followed by acceleration.
The current price is supported at 2800, running near 2830. If Bitcoin continues to decline under the stimulus of interest rate hikes in Japan, it is hard to imagine where Ethereum will drop to. Currently, the only support below is the previous low of 2600, and there is a lot of pressure for a rebound!
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ETH analysis: December 18, 2025 daily chart
