Technical analysis by burakkesmeci about Symbol ETH on 12/7/2025

Why should Ethereum's weekly close be above 3,100? The price of Ethereum is currently 3,035. ETH's SMA365 is roughly 3,100. With future closings above this level, Ethereum investors can breathe a little easier. In the case of Ether, which has been falling breathlessly since the 4,755 level, we can expect a reaction rise up to the 3,689 level, if ETH closes above SMA365. On the other hand, the 2,500 level is still critical. When we watch the last ETH price action, this is the FRVP heavy clearing level. Being above this level supports the positive scenario, but it also acts as a magnet for ETH, which has not been able to move the "heavy exchange level" up for months. Especially the white box is a candidate to become the new YTS, ETH needs to exchange between 3,350 - 3,450 for a while and make this level the new YTS for a positive scenario. It should move this heavy exchange level up by about $850 - $900 (38%), characteristic of a bull rally. As a result, just looking at the technical data, 3,100 will be critical for the weekly close. We have a way to go up to 3,600 for closings above and 2,500 for closings below. Thank you for reading, please share if you think it was useful 🙏