Ethereum drops sharply from 3310 to 3250! Key reasons + market outlook explained all at once

Ethereum quickly fell from $3310 to $3250, which is not a coincidence but the result of macro suppression + technical weakness + capital hesitation resonating together!

On the macro front, the Fed's hawkish stance continues to ferment, with several officials explicitly delaying rate cuts, and a 95% probability of holding rates steady in January directly suppressing risk asset sentiment. On the technical side, more critically, the resistance at $3325 has been repeatedly tested without success, and the four-hour MACD death cross signal has appeared. As upward momentum diminishes, bulls have proactively retreated to the support zone at $3250. Coupled with recent outflows from Ethereum ETF funds and whale reductions causing market caution, slight selling pressure in narrow fluctuations triggers a pullback.

The subsequent market trend hinges on two key points:

- Support level life and death line: The $3250-$3270 range is the short-term core. If it can hold steady, there's a high probability of returning to the $3280-$3325 range for oscillation; if it fails, it will test the strong support at $3200-$3150.
- Breakthrough catalyst: Tonight's Federal Reserve officials' speeches will set the tone. If dovish signals are released, it may boost a rebound testing $3370-$3400; if hawkish, it could further test support below $3130.

Overall, Ethereum remains at the end of a consolidation phase. The longer the sideways movement, the greater the volatility. Currently, focus must be on key price levels, avoiding blind chasing of gains or panic selling!

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#加密行情预测 $ETH