Ethereum lost the key support of $3,000: technical analysis, institutional flows, and expert outlooks

Source: CritpoTendencia Original Title: Ethereum Price Lost Key Support of $3,000, What Will Be the Next Target? Original Link: This Monday, the price of Ethereum (ETH) lost the key support of $3,000 per coin amid strong nervousness in the cryptocurrency market. So far on Tuesday, selling pressure remains, and the coin seems to have little strength to recover the $3k.

At the time of writing this note, the token’s trading value is $2,930 per coin. This represents a performance of -1.72% in 24 hours and a loud -12.37% over the past week ending December 16.

Possible Scenarios for Ethereum Price

The recent drop of ETH generates fear among investors, who wonder what will happen next with the coin. According to technical analysis, in the short term, market sentiment is particularly pessimistic, reflected by an 89% bearish anticipation.

Out of a total of 28 technical analysis indicators reviewed, 25 suggest that the coin will fall in the short term. This provides an idea of the environment surrounding this coin.

Despite this, over the next three months, charts suggest that the price of Ethereum (ETH) could surpass $5,000. It is important to consider that such predictions based on historical behavior cannot be taken as certain.

In any case, the widespread investor pessimism, combined with the absence of institutional investors, exerts greater pressure.

The State of Spot ETH ETFs

On December 8, there was a respite for ETH investors after a partial return of Wall Street capital. In particular, spot exchange-traded funds (ETF) that provide exposure to the Ethereum token experienced three days of positive flows.

However, on Thursday, December 11, the bad streak returned, which intensified during that week’s closing session. During these two days, outflows of $61.7 million were recorded.

These two days served as the first warning that a new crash was imminent. And indeed, that is what happened with the massive sell-off this Monday, when Ethereum’s price dropped below $3,000 per coin. On that first trading day on the stock exchange, ETFs experienced outflows of no less than $224.8 million.

The withdrawal of Wall Street capital becomes a clear sign that these portfolios lack confidence in the future of ETH’s price.

The Fundamental Factor of Ethereum

Considering technical analysis and the performance of institutional portfolios, it can be said that there is not much good news for investors. However, if the view is expanded beyond the speculative realm, some hopes emerge for ETH’s price in the medium and long term.

In this regard, the fundamental factors of the Ethereum blockchain gain strength. The anticipated transformations in the financial world paint a picture of integration between blockchain and traditional finance.

Elements such as the tokenization of financial assets like stocks, bonds, and others are preparing to break into the scene in the near future. Recently, the SEC granted a no-action period for DTCC to experiment with tokenized stocks without fear of regulatory lawsuits.

Meanwhile, it was announced that the agency is in the process of approving the trading of tokenized stocks in regulated markets.

In this evolutionary process, the Ethereum network stands out as a key player, being the most important and reliable multi-purpose blockchain. This is reinforced by significant elements and updates such as the Fusaka hard fork, which aims to improve the effectiveness, scalability, and efficiency of this blockchain.

What Do Experts Think?

Among experts, some of the most respected voices agree in their bullish forecasts for Ethereum’s price in 2026. These optimistic predictions are based on factors such as the resumption of institutional demand and the transformations of this blockchain.

In their latest projection, analysts from a prominent international bank set a target price of $4,500 per coin for ETH. Although this prediction predates the current bear market, it is based on Ethereum’s fundamentals, which have not changed.

A bullish outlook based on fundamentals is also adopted by experts from renowned analysis firms. These experts are much more optimistic and in early December claimed that in the first part of January 2026, the Ethereum token would reach $7,000.