The market analysis for Ethereum on December 2nd indicates potential downward targets as follows:
1. Short-term key support level 2650: From a technical perspective, the current bearish momentum for Ethereum is taking shape, with the EMA continuing the bearish trend and KDJ forming a dead cross. Some analysts indicate that if it breaks below 2700, the next target could be 2650, or even further down to around 2620.
2. Bollinger Band lower boundary reference level 2676: Some market analyses mention that the candlestick is approaching the lower boundary of the Bollinger Band near 2676. This position can serve as an important reference point for short-term declines, and if the support fails, it may continue to drop.
On December 1, 2025, Ethereum's potential decline can refer to the key support levels indicated by technical analysis. Based on the market analysis for that day: short positions can reach 2400, and Bitcoin at 74000.
1. Short-term key support: The four-hour candlestick chart shows bottom support at $2990, and previously a low of $2974 was reached during the day. If it breaks below the $2975 level, it may subsequently test the $2950 - $2900 range.
2. Daily support level: The lower Bollinger Band provides a support level of $2690, which serves as a potential low reference for significant declines on that day.
However, the price fluctuations of cryptocurrencies like Ethereum are extremely high, influenced by factors such as capital flow and market sentiment. The aforementioned levels are only for technical analysis reference and not definitive decline targets. Additionally, it is important to note that our country explicitly prohibits virtual currency trading and speculation, and participating in related transactions carries significant legal and financial risks.