Ethereum Wave Analysis – 12 December 2025

Ethereum: ⬇️ Sell

– Ethereum reversed from resistance level 3400.00

– Likely to fall to support level 2907.00

Ethereum cryptocurrency recently reversed down with the daily Shooting Star from the resistance area between the key resistance level 3400.00 (former strong support from August and October) and the upper daily Bollinger Band.

This resistance area was further strengthened by the 50% Fibonacci correction of the downward impulse C from last October.

Ethereum cryptocurrency can be expected to fall further to the next support level 2907.00 (low of the earlier correction ii).