From the high of 3446.12 down to around 3201.44 now, Ethereum's recent correction has been quite significant. Currently, the price is fluctuating within this range, and the overall sentiment is weak—the pre-market US stock environment feels a bit cold, combined with shaken confidence in the AI sector, leading to a broad risk-off sentiment and a correlated decline in risky assets. Ethereum simply can't hold up.
From a technical perspective, the situation is even worse. The MA144 and MA169 moving averages, which were supposed to provide support, have been broken with a single push, and the rebound lacks strength. The moving averages are now arranged in a bearish pattern, with increasingly larger bearish candlestick bodies during the decline, clearly indicating that the bulls are surrendering. The 3180 level is critical; if it is broken, the downside space will open up.
Capital flows are also exiting. Before the Federal Reserve rate decision, everyone was risk-averse. The chain reaction from the decline in tech stocks has directly transmitted to the crypto market, and near 3200, there is virtually no buying interest for a rebound. In the short term, the bears are fully in control.
Trading suggestion: Short around the 3250-3280 range, with a target of 3150, and in an extreme case, possibly breaking towards 3100.
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DYORMaster
· 2025-12-14 13:10
Another day when the moving average was broken through. The bulls have really given up. With the bearish momentum, 3150 might really not be a dream.
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UnluckyValidator
· 2025-12-12 08:04
Damn, it dropped again, I lost again
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The bears are so fierce, it feels like breaking 3100
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All moving averages have collapsed, is this a signal to surrender?
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Buying the bottom at 3200, there's no capital to absorb the sell-off
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The Federal Reserve is causing trouble, tech stocks dragging down Ethereum, so annoying
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If it breaks 3180, it's over, who will buy the dip as the space opens below?
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Shorting at 3250-3280? I think I'll wait and see
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The bulls have truly surrendered, let's see how low it can go
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WealthCoffee
· 2025-12-11 13:37
The shorts are so fierce, I'm still hesitating whether to add to my position...
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RooftopVIP
· 2025-12-11 13:31
Dropped again and again, damn, all the moving averages are broken. Are we really going to break below 3180 this time?
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SchrodingerGas
· 2025-12-11 13:26
This wave down is really not as easy as imagined... Once 3180 breaks, it will indeed depend on whether 3100 can hold. The Federal Reserve's rate decision point is definitely a variable, and when capital rushes to safety, no one dares to take the risk.
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All moving averages are aligned bearish, and the weak rebound signal is quite clear. I think we should respect the technical analysis.
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Be cautious of capital outflows. Usually, those trying to bottom fish at this point are the ones getting cut.
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What will happen if we short at 3250? It feels like this is a real pressure zone, and there doesn't seem to be strong support.
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The bears have surrendered so thoroughly, indicating that the market's rational expectations have already reversed. In my opinion, this is a typical sign of the equilibrium being broken.
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The plunge in tech stocks is textbook-worthy, and the contagion chain is just like in the textbooks—crypto market following along helplessly and unable to complain.
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Wait, is this a real drop or another bait trap? Check the on-chain data to see what the big players are doing.
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That 3180 line is indeed critical. Once it breaks, there's no psychological support left, and the decline will be rapid.
View OriginalReply0
ContractHunter
· 2025-12-11 13:18
Try placing a buy order at 3250, I feel like 3180 really can't hold...
#以太坊行情技术解读 $ETH Tonight Market Overview
From the high of 3446.12 down to around 3201.44 now, Ethereum's recent correction has been quite significant. Currently, the price is fluctuating within this range, and the overall sentiment is weak—the pre-market US stock environment feels a bit cold, combined with shaken confidence in the AI sector, leading to a broad risk-off sentiment and a correlated decline in risky assets. Ethereum simply can't hold up.
From a technical perspective, the situation is even worse. The MA144 and MA169 moving averages, which were supposed to provide support, have been broken with a single push, and the rebound lacks strength. The moving averages are now arranged in a bearish pattern, with increasingly larger bearish candlestick bodies during the decline, clearly indicating that the bulls are surrendering. The 3180 level is critical; if it is broken, the downside space will open up.
Capital flows are also exiting. Before the Federal Reserve rate decision, everyone was risk-averse. The chain reaction from the decline in tech stocks has directly transmitted to the crypto market, and near 3200, there is virtually no buying interest for a rebound. In the short term, the bears are fully in control.
Trading suggestion: Short around the 3250-3280 range, with a target of 3150, and in an extreme case, possibly breaking towards 3100.