The crypto space is beginning to turn. Bitcoin (BTC) is the preferred crypto flavour of the month since it has bounced back from the lows of $88,000 to above $91,000, gobbling up liquidity across the board, highlighting how tricky weekends can be.
However, there is another key player that is not getting nearly as much attention as the crypto gold. The altcoin king, , has managed to maintain its position above the $3,000 support zone, and is currently trading at
Is this the moment when ETH rallies? On-chain data from Coinglass highlights that ETH saw inflows of $140 million on 3 December 2025, coinciding with the long-awaited Fusaka upgrade.
For now, ETH is holding up well, with its price action trading above the 20, 50, and 100-day EMAs (Exponential Moving Averages), indicating that buyers are stepping in to protect key levels.
(Source: TradingView)
The RSI is sitting at 58, hinting at more upside to come before it reaches overbought territory. If ETH manages to push above $3,270 and hold on a daily close, it would all but confirm the rally. A strong close on the 4-hour chart works as well.
However, if it fails to hold the resistance level, then the $2850–$2815 zone is where buyers may step back in. For now, the mood is cautious since weekend pumps generally fade early into the week.
The smartest move right now is patience.
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ETH holding above $3,000 has lifted trader sentiments, as they finally move on from the continuous doomsday fears of last month, especially with the big market events lined up.
The most important of them is the Fed’s (Federal Reserve) rate cut decision coming up on 10 December 2025. Every trader in the game is currently expecting a 0.25% rate cut, which will boost the broader crypto market if it comes to pass.
While the market eagerly waits for the cut, attention has shifted to three whales who are going long on ETH. Together, they have opened up long positions worth $426 million.
The famed BitcoinOG has gone long with a $169 million position, while Anti‑CZ has stacked $194 million in ETH long bets. At the same time, pension‑usdt.eth is holding 20,000 ETH valued at around $62.5 million.
Additionally, Arkham took note of another whale, 0xBADBB, who is using two different accounts to go long on ETH with $189.5 million.
In the background, BitMine has continued to double down on Ethereum. Just last week, it added another $199 million in ETH, bringing its total holdings to 3.73 million ETH, worth about $13.3 billion, cementing its position as the largest corporate holder of ETH.
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The post [LIVE] Crypto News Today: ETH Holds Firm Above $3k As It Heads Into December- What’s Next? appeared first on 99Bitcoins.


