On December 28, 2025 (GMT-5), Ethereum (ETH) traded cautiously within the $2,938–$2,960 range, hovering below the key $3,000 psychological level with neutral near-term momentum—marked by a 14-day RSI of 53.45 and mixed technical signals (bullish MACD yet overbought Stochastic indicator)—while logging persistent ETF outflows ($185M in three recent sessions, following two consecutive months of net redemptions) and muted spot demand amid 40% of addresses holding unrealized losses. The constrained price action reflected conflicting forces: ongoing headwinds from declining protocol revenue (57% drop YoY) and cooling DEX volume (65% off August peaks) clashed with tailwinds from 2025’s Fusaka upgrade (boosting throughput to record 1.73M weekly transactions) and whale accumulation around $2,950, alongside institutional interest in tokenized products and a 22% ETH staking rate. Key support held near $2,938 (the day’s projected price) with resistance capped at $3,000, and the next-day outlook pointed to a stable target around $2,938.44.

Bearish outlook for tomorrow’s market, target price 2915.01.

This content is for informational/entertainment purposes only—a friendly market recap, not investment advice or a “green light” to trade crypto. Crypto markets are volatile (a wild ride!), so trade wisely, manage risk, and act at your own peril: all profits/losses are yours, and you bear full responsibility. May the crypto odds be with you, but caveat emptor (kind of)!