ETH Price Prediction 2025: Can Ethereum Reach $4,000 by December?
- Ethereum Price Analysis: Bullish Structure with Key Resistance Ahead
- Fusaka Upgrade: Game-Changer or Overhyped?
- Concerning Network Metrics
- Stablecoin Dominance Continues
- FAQ: Ethereum Price Outlook
Ethereum (ETH) is showing bullish momentum above its 20-day moving average ($2,987), but faces resistance NEAR $3,250. The Fusaka upgrade boosts scalability, while declining institutional purchases and network activity raise concerns. This analysis explores whether ETH can hit $4,000 by year-end, examining technicals, fundamentals, and market sentiment.
Ethereum Price Analysis: Bullish Structure with Key Resistance Ahead
As of December 2025, ETH/USDT is trading robustly above its 20-day moving average ($2,987), establishing this as critical support. The price currently tests the upper Bollinger Band resistance at $3,248 - a breakout here could signal momentum toward $4,000. However, the MACD shows mixed signals: while the MACD line is positive at 39.27, it remains below the signal line (166.51), creating a negative histogram value (-127.24). This suggests short-term weakness despite the overall bullish structure.

Fusaka Upgrade: Game-Changer or Overhyped?
The recently launched Fusaka upgrade introduces Peer Data Availability Sampling (PeerDAS), promising 8x throughput for LAYER 2 networks while maintaining decentralization. In my experience, such technological improvements typically take 3-6 months to materially impact price. The upgrade reduces blob fees for rollups - a win for developers - but retail traders seem more focused on the current market dip.
Concerning Network Metrics
November saw just 32.2 million ethereum transactions - the lowest monthly volume this year. That's like Times Square on a Tuesday night versus New Year's Eve. Institutional purchases have plummeted 81% since August, with only 370,000 ETH acquired last month. As BTCC analyst Robert notes, "The network feels like it's catching its breath after the mid-year frenzy."
| Key Level | Price (USDT) | Significance |
|---|---|---|
| Resistance | 3,248.51 | Upper Bollinger Band |
| Support | 2,987.45 | 20-Day Moving Average |
| Target | 4,000.00 | Psychological Round Number |
Stablecoin Dominance Continues
Ethereum maintains its stablecoin leadership with $174.95 billion in supply (0.6% weekly growth). Layer 2 networks show divergent trends - Arbitrum holds $7.84 billion despite a 1.2% weekly dip, while Base Chain surged 147% yearly to $4.53 billion. This suggests money is rotating between layers rather than leaving the ecosystem entirely.
FAQ: Ethereum Price Outlook
What's the most important level for ETH bulls?
The $2,987 support (20-day MA) is crucial. Losing this could trigger a drop toward $2,726.
How significant is the Fusaka upgrade?
Technologically very important, but market impact may be delayed until 2026 as developers implement new features.
Why are institutions buying less ETH?
Seasonal factors and profit-taking after August's buying spree. Many are likely waiting for clearer regulatory signals.