CyrilXBT|Dec 12, 2025 05:56
ETH update
Price: ~$3,230 on the daily.
• Clean bounce from the $2,650–2,850 demand zone – buyers stepped in hard there.
• Now pushing into first real trouble area: the 50D EMA around $3,300 plus prior support turned resistance.
• Today’s candles show some hesitation right at that line – buyers are testing, sellers are defending.
What I’m watching next:
Daily close above $3,350 → room to run toward $3,600–3,800.
Rejection and break back below $3,100 → likely another trip toward the $2,800 block.
ETH just escaped the danger zone, but it still has to win a fight at $3.3K before any real “altseason” narrative makes sense.(CyrilXBT)
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