Overview
- Price briefly reclaimed $3,000 on weak participation, with crypto.news flagging a stall near the 0.618 Fibonacci level and the risk of a bull trap.
- Traders are watching resistance around $3,000–$3,300 for confirmation and support near $2,800–$2,910 for potential failure, with some models eyeing $2,680 if momentum fades.
- On-chain activity set a record of more than 2.2 million transactions on December 29, 2025 as stablecoin settlements, DeFi use and Layer-2 rollups grew while average fees stayed low.
- Vitalik Buterin urged a return to Ethereum’s core mission, calling for applications that are usable at global scale and genuinely decentralized under a renewed “world computer” focus.
- Institutional exposure provided a backstop late in December with roughly $50 million in ETF inflows, as analysts say a sustained close above $3,200–$3,300 could target a 15%–20% advance toward $3,400–$3,800.