On December 7, 2025, ETH showed a weak consolidation trend. Although the Fusaka upgrade provided some bullish support, short-term bearish signals have emerged. Bulls and bears are fiercely contesting the $3,000 level. The core technical analysis from Wan Laoda is as follows:

1. Price and Key Levels: At 7:55 AM, the price was approximately $3,037.48, with a 24-hour high around $3,070 and a low around $3,010. Short-term resistance is focused at $3,070, with stronger resistance in the $3,150 - $3,200 range. On the support side, the $3,025 - $3,050 range forms short-term support, while core support lies at $2,850 - $2,900, which is the recent trendline and key cost zone.

2. Candlestick and Moving Average Patterns: On the daily chart, a bearish evening star pattern has formed and failed to break above the previous high of $3,069, suggesting a possible bearish reversal and a short-term consolidation phase. Although the price is temporarily above the 20-day and 50-day moving averages, the 100-day and 200-day moving averages above still form resistance, and the medium- to long-term upward structure remains unclear.

3. Technical Indicators and Market Sentiment: On the 2-hour chart, MACD shows signs of a golden cross, but the overall trend is weak and momentum is fading. The market sentiment index remains in the "fear" zone. While there were signs of buyers entering the perpetual and spot markets previously, momentum was insufficient that day, and investors are skeptical about the sustainability of any rebound. In the short term, ETH is likely to remain in a narrow range, awaiting clearer direction. #成长值抽奖赢iPhone17和周边 $ETH ‌