2025-12-05 07:42:07

#ETH走势分析 $BTC $ETH

The market action from last night until now has been pretty exciting. Both Bitcoin and Ethereum experienced a rapid drop followed by a rebound, and are currently seesawing at key levels. The support zones mentioned earlier—Bitcoin at 90,500-91,000 and Ethereum at 3,050-3,100—have withstood the first round of tests and even saw a decent bounce.

Let’s look at Bitcoin first. Yesterday, it consolidated in the 92,800–94,000 range all day. After the US initial jobless claims data came out in the evening, it dropped straight to 90,842 but quickly recovered and is now hovering near 92,000 again. On the upside, the 93,000–95,000 area is a hurdle; if it can break through on strong volume, heading towards $100,000 shouldn’t be an issue. On the downside, 89,500–90,000 is the first line of defense, and below that, watch 88,000–88,500. If those break, we could see a deeper correction. On the news front, there are some positives: Trump plans to nominate a crypto-friendly candidate as SEC Chair, and with the Fed possibly cutting rates, the macro environment is still supportive.

Ethereum has been even more volatile. Yesterday, it peaked at 3,240 and then started to fluctuate. It plunged with the broader market in the evening, bottoming at 3,065 before rebounding to 3,190 and then pulling back again. On the technical side, the hourly RSI has recovered from oversold to neutral, so the oversold condition is resolved. Key support is at yesterday’s low of 3,064 and the 3,100 round number; main resistance is in the 3,180–3,220 range, with yesterday’s high of 3,240 as strong resistance. Fundamentally, the Fusaka upgrade is a catalyst, and on December 1, the ETH ETF had a net inflow of $180 million in one day. Institutional holdings have surpassed $13 billion, signaling clear capital inflows that should support prices.

For trading reference: for Bitcoin, consider shorting around 92,100–92,500, targeting the 90,500–89,500 zone. For Ethereum, short around 3,170–3,190, targeting 3,100–3,050; if it breaks lower, continue to look down.

ETH-4.46%

BTC-3.44%

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UnluckyMiner

· 5h ago

It's another tug of war. Last night's dip directly dropped to 90842 and almost scared me to death, but since it held up, there's hope. Can we really break through to 100,000 this time?

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DaoResearcher

· 17h ago

It is worth noting that from a technical perspective, the completion of the RSI oversold correction actually signals the failure of the Token Weighted Voting mechanism in the market—in particular, although the institutional net inflow of 180 million looks impressive, the assumption relies on market participants being completely rational, which is clearly unrealistic. It is recommended to first read the chapter on liquidity incentives in the Ethereum economic model whitepaper, and you will understand why it is necessary to continue watching after the breakdown—this is not a technical issue, but rather a reflection of the fragility of the governance mechanism.

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ParallelChainMaxi

· 17h ago

It's another tug-of-war like this, so annoying. If the support level can hold, we should already be glad.

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ConsensusDissenter

· 17h ago

Damn, this constant dumping and pumping is tiring me out. But it's a good sign that the support level is holding. Just worried that US data might throw us another curveball.

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OffchainWinner