{"id":8965,"date":"2025-12-24T05:11:06","date_gmt":"2025-12-24T05:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-flashes-bearish-bias-bulls-lose-short-term-control\/"},"modified":"2025-12-24T05:11:06","modified_gmt":"2025-12-24T05:11:06","slug":"ethereum-price-flashes-bearish-bias-bulls-lose-short-term-control","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-flashes-bearish-bias-bulls-lose-short-term-control\/","title":{"rendered":"Ethereum Price Flashes Bearish Bias, Bulls Lose Short-Term Control"},"content":{"rendered":"<p><em>Ethereum price failed to continue higher above $3,00<\/em><em>0 and dipped. ETH is now showing bearish signs and might slide further below $2,880.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh decline below $3,000 and $2,980.<\/li>\n<li>The price is trading below $2,950 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break below a rising channel with support at $2,980 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move down if it settles below the $2,880 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Faces Rejection<\/h2>\n<p>Ethereum price failed to stay above the $3,000 pivot level and started a fresh decline, like Bitcoin. ETH price dipped below $2,980 to enter a bearish zone.<\/p>\n<p>The bears were able to push the price below the 50% Fib retracement level of the upward move from the $2,775 swing low to the $3,075 high. Besides, there was a break below a rising channel with support at $2,980 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $2,980 and the 100-hourly Simple Moving Average. If the bulls are able to protect more losses below $2,880, the price could start a fresh recovery.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-869932\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Ethereum_8776ae.png?resize=1024%2C488\" alt=\"Ethereum Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>Immediate resistance is seen near the $2,980 level. The first key resistance is near the $3,000 level. The next major resistance is near the $3,050 level. A clear move above the $3,050 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,200 resistance zone or even $3,220 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,000 resistance, it could start a fresh decline. Initial support on the downside is near the $2,880 level and the 61.8% Fib retracement level of the upward move from the $2,775 swing low to the $3,075 high.<\/p>\n<p>The first major support sits near the $2,845 zone. A clear move below the $2,845 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,775 region. The next key support sits at $2,720.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,880<\/p>\n<p>Major Resistance Level \u2013 $3,000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price failed to continue higher above $3,000 and dipped. ETH is now showing bearish signs and might slide further below $2,880. Ethereum started a fresh decline below $3,000 and $2,980. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,980&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8966,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-8965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=8965"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8966"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}