BTCC / BTCC Square / Ethereum News /
Ethereum’s Bullish Ascent: Breaking $3,180 and Targeting $3,420 Amid Fusaka Upgrade Anticipation

Ethereum’s Bullish Ascent: Breaking $3,180 and Targeting $3,420 Amid Fusaka Upgrade Anticipation

Published:
2025-12-05 12:06:21
28
3
[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

On December 5, 2025, ethereum (ETH) demonstrated significant bullish momentum by surging past a critical resistance level, closing at $3,204.39—a notable 4.52% gain. This decisive breakout above $3,180 has solidified the bullish case for the cryptocurrency, with technical indicators now pointing toward a near-term price target in the range of $3,350 to $3,420. The rally is underpinned by strong on-chain and technical signals, including a rising On-Balance Volume (OBV) indicating accelerating accumulation by investors and a bullish Moving Average Convergence Divergence (MACD) crossover that signals strengthening buying pressure in the market. Beyond the immediate technical picture, market sentiment is being significantly buoyed by anticipation surrounding Ethereum's upcoming network upgrade, known as 'Fusaka.' This upgrade is a key developmental milestone expected to address one of the network's most pressing challenges: scalability. By enhancing the blockchain's capacity to process transactions more efficiently and at lower costs, the Fusaka upgrade is seen as a fundamental driver that could sustain Ethereum's long-term value proposition and adoption. Traders and long-term holders alike are positioning themselves ahead of this event, betting that improved scalability will attract more developers and users to the Ethereum ecosystem, thereby increasing demand for ETH. The current price action, breaking above the 50-day moving average (MA50), further confirms the shift in market structure from consolidation or bearish tendencies to a defined uptrend. This breach of both a static price resistance and a key dynamic average suggests that the buying force is robust and likely institutional or large-scale in nature. The convergence of a positive technical breakout, strong volume confirmation, and a fundamental catalyst in the Fusaka upgrade creates a powerful trifecta for Ethereum's price trajectory. While the primary target zone sits around $3,420, a sustained move above this level could open the path for a test of higher psychological resistances, contingent on continued positive developments and broader market strength. The current environment presents a classic case of 'buy the rumor, buy the news,' as the market prices in both the technical breakout and the promise of substantial network improvements in the near future.

Ethereum Surges Past $3,180 as Bulls Target $3,420

Ethereum (ETH) rallied 4.52% to $3,204.39, decisively breaching the $3,180 resistance level. The breakout confirms bullish momentum, with technical indicators pointing to a near-term target of $3,350–$3,420. On-balance volume (OBV) reflects accelerating accumulation, while a MACD crossover signals strengthening buying pressure.

Traders are positioning for Ethereum's upcoming Fusaka upgrade, expected to enhance scalability. The MA50 and MA200 convergence NEAR $3,420 forms the next critical resistance. Support levels hold firm at $3,025 and $2,803—a floor that has repeatedly absorbed sell pressure during recent consolidations.

iAero Protocol Launches Token Sweeper and Rewards Program on Base

iAero Protocol, a liquid staking solution on Base, has introduced Token Sweeper—a multi-token batch swap tool enabling single-transaction conversions to USDC or WETH across nine networks, including Ethereum and Arbitrum. The protocol simultaneously unveiled Season 1, a six-month incentive campaign allocating 5% of its LIQ token supply to stakers.

The platform offers 35% APR yields by distributing 88% of revenue from Aerodrome voting rewards, bribe payments, and trading fees. Its liquid staking model bypasses traditional lockup periods—users deposit AERO or veAERO to receive tradable iAERO tokens while maintaining voting rights exposure.

Token Sweeper's DEX aggregation routes through 100+ exchanges, filters spam assets via blocklists, and includes transaction simulation. This launch underscores Base's growing infrastructure for capital-efficient DeFi primitives.

Ethereum Price Holds Key Support Amid Bullish Momentum

Ethereum's price action in early December reflects a resilient recovery from November's corrective phase. The $3,050 support level has emerged as a critical pivot, with sustained holding power potentially propelling ETH toward the $3,400–$3,500 resistance band. Market observers note this zone previously acted as a supply barrier during the asset's Q4 2023 consolidation.

Technical analyst CyrilXBT identifies $2,950 as the line in the sand—a breach could trigger retests of November's $2,800 lows. The daily chart shows ETH/USD navigating between the $3,700 supply zone and the $2,400–$2,550 demand base that fueled its earlier rally. Liquidity conditions and spot market participation remain decisive factors for continuation patterns.

Ethereum's Fusaka Upgrade Sparks Debate as Buterin Flags 'Incomplete' Sharding

Ethereum's Fusaka upgrade, implemented on Dec. 3, represents a pivotal step in the network's scalability roadmap but has drawn mixed reactions. The update introduces PeerDAS—a system enabling more efficient data verification for Layer 2 networks like Arbitrum and Optimism—while reducing fees and expanding blob capacity. Yet Vitalik Buterin cautions that this marks only a partial realization of Ethereum's sharding vision.

The co-founder identified three unresolved gaps, including sequential transaction processing at the base layer. Fusaka builds on post-Merge upgrades like Dencun and Pectra but leaves critical protocol-layer work unfinished. Market watchers note the overhaul could disrupt dominant network players by 2026.

Expert Framework for Ethereum Dip-Buying Reveals 3-Phase System to Capitalize on Market Volatility

Ethereum's price volatility often presents lucrative opportunities for disciplined investors. A newly revealed three-phase system, employed by seasoned analysts, leverages technical indicators, on-chain data, and strict capital discipline to transform market pullbacks into strategic entry points.

The first phase hinges on technical validation, where a Relative Strength Index (RSI) below 30 and a bullish MACD crossover signal a correction rather than a crash. This is complemented by on-chain confirmation through MVRV Pricing Bands, ensuring ETH is undervalued relative to its realized price.

Capital discipline forms the final pillar, with the 2% risk rule dictating position sizing to mitigate downside exposure. The approach contrasts sharply with speculative trading, emphasizing methodical execution over emotional reactions to price swings.

Ethereum Poised for 10% Rebound Amid Market Uncertainty

Ethereum (ETH) defies bearish sentiment with a 4.50% surge to $3,197.09, outperforming both Bitcoin and broader market gains. The Fear & Greed Index languishes at 26, reflecting persistent anxiety despite ETH's resilience.

Technical forecasts project a 10.14% climb to $3,537.13 by December 9, though the cryptocurrency remains 9.61% below this target. Recent performance paints a grim picture: monthly losses of 9.05%, quarterly declines of 26.21%, and a 13.14% annual drop—far cry from last year's $3,680.80 valuation.

August 2025's all-time high of $4,946.50 now seems a distant memory. Current trading oscillates between $3,239.74 and $2,631.93, with market participants weighing whether this represents consolidation before recovery or calm before further decline.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.