Ethereum (ETH) market analysis for December 3, 2025

1. Core Market Overview

Today (December 3, 2025), the price of Ethereum is showing a volatile rebound trend. As of the time of writing, the price is fluctuating around $2975. During the early morning hours, ETH gradually rebounded from a low of $2780, reaching a peak of $3026 in the evening, and then fluctuating within the range of $2950-$3000. Over the past 24 hours, the price volatility has been approximately 2.5% (from the early morning low to the evening high), with overall performance slightly stronger than Bitcoin (BTC) during the same period.

II. Technical Analysis: Fluctuation rebound, pay attention to key resistance

From a technical indicator perspective, Ethereum is currently in a short-term rebound channel, but still faces significant resistance above:

Daily level: The price has ended the continuous bearish trend, forming a strong bullish candle, reversing the previous weak atmosphere. The Bollinger Bands are slightly opening, with the middle line gradually turning into short-term dynamic support, while the upper band is forming initial resistance near $93,000 (corresponding to a resistance level of about $3,050 for ETH).

Four-hour level: The previous downward trend line that suppressed prices has been broken, accompanied by an increase in trading volume, effectively releasing short-term bullish momentum. Currently, the price is operating above the middle band of the Bollinger Bands, with all moving averages forming a bullish arrangement, providing technical support for a rebound.

Hourly level: Presenting a clear oscillating upward trend, with consecutive bullish candles driving the price up. After breaking through short-term moving average resistance, the moving averages form a bullish arrangement, the Bollinger Bands remain open, and the middle band extends upward, indicating that short-term bullish momentum is still sufficient.

Key points:

Support levels: $2950 (midline of four-hour level), $2900 (short-term support at daily level);

Resistance levels: $3050 (upper line on daily chart), $3080 (previous dense trading area).

3. Market Sentiment and Capital Flow: Cautiously Optimistic, Institutional Inflow

The market sentiment today is cautiously optimistic, with investors taking a wait-and-see attitude towards the sustainability of the rebound:

Long/Short Ratio: The ETH long/short ratio monitored by the XBIT platform shows that the distribution of market participants' positions is relatively scattered, with both bullish layouts expecting a rising market and a cautious attitude waiting for clearer signals.

Institutional funds: The US market sentiment indicator has turned positive, and the premium index has ended nearly a month of negative values, indicating an increase in the activity of institutional buying in the US. This corroborates the net inflow data of ETF funds, pointing to a trend of institutional funds flowing back into the cryptocurrency market.

ETF funds: Recently, although there has been some outflow of ETH ETF funds, the overall scale of outflow is small and has not caused significant pressure on prices.

4. Operational Suggestions: Buy on dips, control your position.

Based on the current market conditions, it is recommended to primarily position long orders at lower levels during pullbacks, while strictly controlling the position size:

Long Strategy: You can set up long positions in the range of $2950-$2980, targeting $3050-$3080. If the price pulls back but does not break the support at $2950, you can consider adding to your position; if it breaks the resistance at $3080, you can continue to hold until above $3100.

Risk Control: Set a stop loss below $2900 to avoid significant losses from price corrections. At the same time, pay attention to the breakthrough of the upper resistance level. If it cannot effectively break through, consider reducing positions or taking profits.

5. Follow-up Key Points

Technical Breakthrough: Focus on the breakout situation at the resistance level of $3050. If it breaks out effectively, the price may further test $3100; if it fails to break out, it may fall into a range-bound oscillation.

Capital Flow: Continue to track the movement of ETF funds and institutional funds. If there is a large inflow, it will support further price increases.

Macroeconomic Environment: Pay attention to changes in the global economic situation and regulatory policies, as these factors may have a significant impact on the cryptocurrency market.

Summary: Today's Ethereum market is mainly characterized by fluctuations and rebounds, with sufficient short-term bullish momentum, but there is still resistance above. Investors can buy on the dip, control their positions, and pay attention to the breakthrough of key levels. Market sentiment is cautious, and it is necessary to be alert to the risks brought by price fluctuations.