Ethereum

On December 10, the Federal Reserve implemented its third 25 bps rate cut, briefly lifting cryptocurrency prices. Ethereum sentiment flipped as ETH pushed toward $3,433 before sliding back near $3,170, according to Santiment. On December 11, Greeks.live said the Fed’s initial T‑bill purchase plan is about $40 billion, and options markets are positioned cautiously with puts trading at a premium.

Ethereum-focused treasury firm BitMine reportedly purchased $112 million worth of ETH this week, as chairman Tom Lee reiterated his view that Ethereum has already bottomed at $2,500. The firm’s continued accumulation comes amid broader macro uncertainty following the Fed’s latest rate cut, which pressured crypto prices despite equity gains.

Polygon’s Madhugiri upgrade has boosted network throughput by 40% to 1,400 transactions per second, setting the stage for an aggressive scaling push toward 5,000 TPS within six months and as high as 100,000 TPS over the next two years. The enhancement aims to reduce congestion, lower fees, and position Polygon as a leading high-performance chain, even as its native POL token remains under pressure after a month-long decline.

On 11 December 2025, Coinbase Institutional said the crypto market’s reset after October and November could set up a year-end rebound. Its internal leverage indicator fell from double-digit levels to roughly 4%. ETF outflows and lower futures open interest are framed as risk compression rather than investor exit.

Nearly half of high-net-worth investors in Asia-Pacific now allocate more than 10% of their portfolios to crypto, with 87% of over 270 respondents already holding digital assets, according to Sygnum's APAC HNWI Report 2025. Most plan to increase exposure, with median allocations in the 10%–20% range and a weighted average close to 17%.

Ethereum climbed above $3,320 and $3,350 before reversing from the $3,448–$3,450 resistance area and sliding back toward $3,200. The price is now fluctuating around $3,200 and the 100-hourly Simple Moving Average, with nearby resistance at $3,250, $3,300 and $3,320. A sustained move below $3,200–$3,180 could open the way toward $3,150 and potentially the $3,050–$3,000 support region.

On 9 December 2025, Dragonfly managing partner Haseeb Qureshi said on the Milk Road Show that Ethereum should be assessed like early-stage Amazon, with protocol fees treated as profit. He pushed back on price-to-sales critiques, noting ETH’s multiples near 300–380 and citing Amazon’s history of very high earnings ratios. ETH traded at $3,325 at press time.

Ethereum has climbed above $3,300 and briefly approached $3,400, but many analysts still regard the broader trend as structurally bearish. On-chain data from Lookonchain shows whale trader BitcoinOG has expanded a leveraged long to 85,001 ETH, worth about $280 million, with more than $16 million in unrealized gains. This aggressive positioning comes just before an FOMC rate decision, leaving ETH trading between whale accumulation and macro uncertainty near the $3,380–$3,420 resistance band.

According to the analysis, Ethereum has delivered its strongest rebound since mid-October and is now challenging the 50-day EMA near $3,350. XRP is moving toward a resistance cluster around $2.15–$2.25, with short-term confirmation expected above roughly $2.28. SHIB was rejected at $0.0000089–$0.0000091, leaving its short-term downtrend in place.

On 10 December, cryptocurrencies edged higher after the Federal Reserve cut rates by 25 basis points. Bitcoin traded near $92,297 and Ethereum closed around $3,335. Total market capitalization recovered toward $3.26 trillion, while altcoins’ market cap approached $1.46 trillion.