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ETH Price Prediction: Will It Reclaim $3,000 Amidst Institutional Accumulation?

ETH Price Prediction: Will It Reclaim $3,000 Amidst Institutional Accumulation?

Published:
2025-12-17 08:29:49
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[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

#ETH

  • Technical Inflection Point: ETH is defending the crucial $2,900 support while showing early signs of bullish momentum divergence on the MACD, setting the stage for a potential rebound towards the $3,068 resistance.
  • Strong Institutional Backstop: Substantial ETF inflows and JP Morgan's entry into the Ethereum ecosystem provide significant fundamental support, suggesting deep-pocketed investors are accumulating on price weakness.
  • Resistance is Well-Defined: The path to $3,000 is blocked by a confluence of resistance at the 20-day moving average and the middle Bollinger Band near $3,068, which the price must convincingly break through.

ETH Price Prediction

Technical Analysis: ETH Tests Critical Support Levels

As of December 17, 2025, ethereum (ETH) is trading at $2,931.65, holding just above the $2,900 support zone. The technical picture shows a market under pressure. The 20-day moving average at $3,068.68 sits above the current price, indicating a short-term bearish trend. The MACD, while still negative at -89.26, shows a bullish divergence as its signal line is at -106.37, with a positive histogram of 17.10, suggesting potential for a momentum shift. Price action is currently near the lower Bollinger Band at $2,817.42, which often acts as a support level in downtrends.says BTCC financial analyst Ava.

ETHUSDT

Market Sentiment: Institutional Moves Counter Technical Weakness

Current news FLOW presents a mixed but cautiously optimistic fundamental backdrop for Ethereum. Headlines highlight a battle between technical selling pressure and strong institutional demand. News of JP Morgan launching an Ethereum-based yield fund and an 80,000 ETH inflow into spot ETFs signals significant institutional validation and buying interest, which provides a solid floor for the price. Innovations like Trust Wallet's gas fee sponsorship improve network usability. However, market sentiment is tempered by the ongoing test of the $2,900 support and the recognition of a head-and-shoulders pattern, which is typically bearish.notes BTCC financial analyst Ava.

Factors Influencing ETH’s Price

Ethereum Price Defends $2,900 Support Amid Liquidity Sweep and Head-and-Shoulders Pattern

Ethereum's price hovers near $3,000 after rebounding from a late-November low of $2,780. The $2,900–$2,920 zone has emerged as a critical support level, tested three times in the past two weeks with above-average buy volume. This region now doubles as the neckline of a developing head-and-shoulders pattern—a classic reversal signal that traders are watching closely.

Intraday charts reveal active demand between $2,905–$2,920, suggesting institutional accumulation at these levels. However, the failed breakout from a descending channel and persistent bearish momentum keep the near-term outlook in equilibrium. Market structure suggests the next decisive move will determine whether bulls can regain control or bears will force a breakdown.

JP Morgan Enters On-Chain Cash Race with Ethereum-Based Yield Fund

JP Morgan Chase & Co. has made a strategic move into blockchain-based financial products with the launch of its My OnChain Net Yield Fund (MONY) on the Ethereum network. The $4 trillion banking giant's December 15 initiative represents more than just a new product—it's a direct play for institutional capital currently parked in zero-yield stablecoins and early tokenized funds.

The MONY fund combines traditional money-market yields with blockchain efficiency, creating a regulated alternative to payment stablecoins like Tether and USDC. This development comes as the GENIUS Act's prohibition on interest-bearing stablecoins creates new opportunities for institutional-grade, yield-bearing blockchain products.

JP Morgan's entry positions it against BlackRock's BUIDL in the burgeoning tokenized Treasuries market, which has grown to tens of billions as institutions seek blockchain-native cash equivalents. The bank's approach leverages Ethereum's public infrastructure while maintaining strict KYC controls, redefining what 'cash on-chain' means for regulated capital.

Ethereum ETF Inflows Surge by 80,000 ETH as Price Tests Key Support Zone

Ethereum ETFs recorded 80,000 ETH in inflows last week, signaling renewed institutional interest. The altcoin holds steady at $2,937.21, testing the $2,900–$3,000 support zone despite market volatility.

Spot ETF accumulation suggests institutional players are positioning for a potential price move. Sustained demand could shift ETH's outlook, though breaching resistance levels remains critical for confirming bullish momentum.

Market watchers note Ethereum's outsized influence on altcoin sentiment. Capital flows into ETH products now serve as a key indicator for broader crypto market health.

Trust Wallet Introduces Gas Fee Sponsorship for Ethereum Token Swaps

Trust Wallet, a leading non-custodial crypto wallet provider, has launched a gas sponsorship program to eliminate Ethereum network fees for token swaps. The initiative addresses a persistent pain point in crypto transactions—users can now execute swaps without holding ETH for gas fees, streamlining the process for newcomers and veterans alike.

The program, currently available on Ethereum and BNB Chain, imposes certain conditions: Ethereum swaps must meet minimum size requirements, while BNB Chain offers unrestricted access. This move mirrors traditional finance’s seamless fee structures, abstracting away blockchain complexity.

By absorbing gas costs, Trust Wallet tackles Ethereum’s volatile fee spikes that often disrupt transactions. The feature is live as of December 2025, marking a significant step toward mass adoption by simplifying onboarding.

Real-Time NFT Alpha: Tools for Market Dominance

The NFT market moves at breakneck speed, where yesterday's trends are today's relics. Fragmented blockchain data creates opacity, turning conventional analysis into a liability. For traders, this isn't about keeping pace—it's about seeing three moves ahead.

Wash trading plagues the space, with fake volume distorting price action across exchanges. The winning play? Filtering signal from noise through multi-chain validation. Platforms that aggregate pure metrics—not just volume—separate predators from prey.

Opportunities flash like lightning: a mispriced Bored Ape here, an Ethereum-based gaming NFT correcting there. The tools exist to track these moves across Binance, Coinbase, and Bybit in real-time. But without proper filtration, even the sharpest traders risk buying manipulated assets.

Will ETH Price Hit 3000?

Based on the current technical setup and fundamental news, a move back to $3,000 is a plausible near-term scenario, but it faces immediate hurdles.

The path to $3,000 depends on ETH holding the $2,900 support. The improving MACD momentum and proximity to the lower Bollinger Band suggest a technical bounce is possible. If buying pressure from ETF inflows and positive sentiment from JP Morgan's entry intensifies, it could provide the fuel for a rally. The first major resistance would be the 20-day moving average at approximately $3,068. A decisive break above this level would open the door for a test of $3,000 and the middle Bollinger Band near $3,319.

Key levels to watch are summarized below:

LevelPrice (USDT)Significance
Immediate Support2,900Critical psychological and recent low
Lower Bollinger Band2,817.42Technical support; break below is bearish
Current Price2,931.65-
20-Day Moving Average3,068.68Key resistance for trend reversal
Primary Target3,000Psychological resistance
Middle Bollinger Band3,068.68Coincides with 20-day MA
Upper Bollinger Band3,319.94Next major resistance upon breakout

In conclusion, while the $2,900 defense and institutional news are positive, ETH needs to overcome selling pressure near $3,068 to make a convincing run at $3,000. The probability is moderate, contingent on sustained bullish momentum.

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