2025-12-25 08:26:43

Ethereum has been stuck the past couple of days. It just couldn't break back above the $3000 mark.

Currently, ETH is fluctuating around $2940, just a hair away from breaking below a key support level. Investors' nerves are also tightening — if it can't hold this level before the weekend, a new wave of decline might be imminent.

**Analysts' warning is straightforward: it may still fall to $2800**

Some analysts on social media pointed out that if Ethereum can't stay above $3000, it is highly likely to retest around $2800 in the short term. This means there's nearly a 5% drop waiting.

This isn't surprising. Since the beginning of the month, ETH has already declined by 16%. Every attempt to break through key levels has failed, making the overall structure weaker and weaker.

**Why can't Ethereum outperform Bitcoin?**

Some try to find answers from a technical perspective. The key finding is: ETH's price has been operating below the volume-weighted average price, meaning it can't break through this core indicator.

What’s more painful is that the rebound from $2800–$2850 also seems weak — more like a forced rally rather than active capital intervention. Such passive rebounds are hard to sustain, and risks are brewing.

ETH1.41%

BTC1.67%

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IntrovertMetaverse

· 3h ago

Here we go again, 3000 is just a hurdle, can't get past it no matter what Are you going to buy the dip again? This time, can you avoid cutting losses? Why is ETH so weak? Bitcoin has already taken off long ago Waiting for it to drop to 2800, the buying army will gather again Is this wave really going to break the support? Feeling a bit anxious Fluctuating below the weighted moving average, really not much to look at Forced to push up, honestly, nobody wants it Just a 5% drop, what's the rush? If it doesn't stabilize before the weekend, I think it might really fall apart 16% and still not over? Oh my goodness

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OnchainSniper

· 7h ago

It's about to break 3000 again... This time, it really feels a bit uncertain, no movement in funds.

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MetaverseVagabond

· 7h ago

The $3000 mark is really stuck, feels hopeless ETH is about to break down again, really tense before the weekend Passive rebound doesn't mean much, funds just don't care A 16% drop, are we going to keep bleeding? The volume-weighted average price hurdle... just can't break through $2800 is waiting there, can't escape

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ForkTongue

· 7h ago

It's the same old story again. If the 3000 level can't hold, it's going to fall, as usual.

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BoredStaker

· 7h ago

Getting stuck again at 2940, this lousy position really can't hold up.

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GasFeeCrier

· 7h ago

ETH is dithering around 3000 again, really not working out. If it keeps falling, I will have to liquidate my position.

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DefiOldTrickster

· 8h ago

Ha, here we go again. I saw this plot back in 2015. ETH always pulls this kind of stunt, but in the end, it still turns around against the wind. 2800 is just 2800. I'm actually thinking about the arbitrage opportunities at this level—buy low, sell high, reinvest—what annualized return can that achieve? Forced to pump? Duh, without capital inflow, what can it do? This is just the struggle near the liquidation price, seasoned traders understand. It's normal not to outperform BTC. On-chain data shows it clearly. ETH's long and short ratios have been dragging down, so this is actually a good opportunity to lurk. If you really trust the analysts' advice, I suggest everyone first check where their liquidation price is before making any moves. In my opinion, instead of watching 2800, it’s better to think about how to survive in a bear market—that’s real skill. 3000 hasn't broken yet, and I actually want to buy the dip. That's all.

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