On December 22, 2025, Ethereum (ETH) surged above $2,950, recovering from a $2,775 low, mirroring Bitcoin’s rebound, per Yellow News. The price broke $2,850 and $2,880 resistance, clearing a bearish trend line at $2,920 on the hourly chart, per. ETH now trades above the 100-hourly SMA and the 50% Fibonacci retracement of its drop from $3,175 to $2,775, signaling buyer control, per TradingView. ETH is up 2.5% daily at $2,965, with $1.8B in 24-hour volume, per CoinMarketCap.
The $3,050 zone, aligning with the 61.8% Fibonacci level, is the next major hurdle, per. A break above could target $3,080, $3,150, or $3,220–$3,250, per. Failure risks a pullback to $2,950 support, with further downside to $2,915, $2,880, or $2,800, per. The hourly MACD shows fading bullish momentum, while RSI above 50 indicates sustained buyer interest. ETH’s $357B market cap ranks second, bolstered by $167B DeFi TVL, per DefiLlama.
Bitcoin’s stability at $113,234 supports ETH’s rally, with Santiment noting ETH’s bullish sentiment versus BTC’s greed spike, per. Uniswap’s UNIfication vote nearing 100M UNI burn adds DeFi optimism, per. However, SEC delays on XRP ETFs and Illinois’ strict crypto laws highlight regulatory risks, per. ETH’s Layer 2 volume ($57.8B daily) and staking ETF speculation drive upside.
ETH could hit $3,200 if $3,050 breaks, or retest $2,800 on failure, per Techopedia. Monitor RSI and MACD on TradingView, with stop-losses below $2,915. Dollar-cost average into ETH, diversifying into USDC or BTC, per. Follow @TheBlock__ on X for updates. ETH’s recovery signals altcoin strength, but $3,050 is decisive for 2025 momentum.
