#ETHEREUM WEEKLY UPDATE



$ETH has broken below 3000 exactly as expected. I mentioned earlier that losing this level clears the path toward 2800 to 2600, and the chart shows price already dipping into the green box. The move has played out the same way as Bitcoin, with both charts hitting their downside targets perfectly. I’m still looking for further weakness.

ETH is trading near 3000, but the 1W50 EMA is sitting above as a clear resistance. A retest toward 3300 looks likely, and I’ve already placed my limit orders in that zone. I shared the same setup in the free group. If we reject from 3300, the next move toward 2600 becomes the main scenario again.

If 2600 breaks, the deeper targets open up. I’m watching 2100 to 2000 as the next strong demand area. Until ETH reclaims higher levels with real strength, the bias remains bearish.

$ETH #DecemberMarketOutlook #PostonSquaretoEarn$50 #DecemberRateCutForecast #ReboundTokenstoWatch
ETH2.62%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • Repost
  • Share
Comment
0/400
MissCryptovip
· 4h ago
great 👌
Reply0
币圈犀牛哥加密公社vip
· 7h ago
Hop on board!🚗
View OriginalReply0
AylaShinexvip
· 14h ago
Bull Run 🐂
Reply0
AylaShinexvip
· 14h ago
1000x Vibes 🤑
Reply0
ProfitQueenvip
· 14h ago
good info
Reply0
Ybaservip
· 20h ago
1000x Vibes 🤑
Reply0
HighAmbitionvip
· 20h ago
Bull Run 🐂
Reply0
Discoveryvip
· 21h ago
Buy To Earn 💎
Reply1
View More
Discoveryvip
· 21h ago
Watching Closely 🔍
Reply1
View More
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)