Ethereum $ETH has recently shown a fluctuating downward trend in price, significantly retreating from the historical high point in August, while short-term fluctuations are evident. The specific trend is as follows:

1. Short-term trend: As of November 30, 2025, the price of Ethereum is approximately $3020 - $3040. In the past 24 hours, the price fluctuated between $2961 - $3045, with a decline of about 1.34%-1.46%; looking back over the past week (November 23 - November 30), although there was a single-day increase of 5.39% on November 24, the overall trend has been a decline, fluctuating from around $2801 to the current range, without forming a clear upward trend.

2. Mid-term trend: Since November, the price of Ethereum has intensified its fluctuations and overall decline. On November 13, the price was as high as $3561.69, but continued to fluctuate and drop, reaching a low of $2762.75 on November 24, with a maximum drop of over 22% within half a month. Although there was a rebound afterwards, it has not been able to return to the range above $3500.

3. Long-term trend: Its price fell to an annual low of 1996 USD in March 2025, then gradually rebounded and reached a historical high of 4946.05 USD on August 25; however, after the peak, the price continued to decline, and the current price has fallen over 39% from the historical high. Additionally, there have been concerns in the market about a potential deep correction it may face, with some analysts predicting a potential downside target of around 1200 USD. #十二月降息预测