ETH Update - Dec 12 ETH is still stuck in its own tug-of-war. Price is sitting around ~$3,088 after getting rejected cleanly from the 50D EMA (~$3,295) — the same dynamic resistance that has stopped every bounce since September. Below, buyers continue to defend the $2,750–2,850 demand zone, which remains the key structure keeping ETH from breaking down. Similar to BTC, ETH had a strong early-2025 breakout, but momentum stalled while equities kept ripping on AI strength. Now that tech is cooling off, ETH is trying to stabilize — but it still needs a decisive reclaim above $3,300 to flip this trend. Above $3,300 = room toward $3,600+. Lose $2,850 = risk of a deeper slide toward $2,600. For now: ETH is mid-range, battling its 50D EMA. Momentum flip requires follow-through.(CyrilXBT)