Ethereum lost more than 35% in three months

Crypto market analysts note: Ethereum ETH $2,806.89 Bridged Ether (StarkGate) -0.74% Market capitalization $66.46 million VOL. 24 hours $1.61 billion is weakening faster than most of the market. The price of ETH is currently hovering around $ 2,831.41, down 5.42% per day, which is deeper than the average drop of 6.15% on the crypto market. Even in its traditional rivalry with bitcoin, the ether has dropped another 0.29%. Nevertheless, forecasts show that by December 6, Ethereum could recover to $ 3,114.40, which would be an increase of about 10.21%. A quick recovery after a sharp decline is possible, although the path to this is unlikely to be easy.

Over the past month, ETH has lost 26.71%, over three months — 35.30%, and over the year — 23.40%. In December last year, the coin was trading at $ 3,696.43, while the all-time high of $ 4,946.50 was recorded on August 24, 2025. The current cycle shows a range between a high of $ 3,093.87 and a low of $ 2,631.93, with a relatively low monthly volatility of 9.48%. Despite the prolonged decline, Ethereum has still shown 14 «green» days over the past month — small flashes of life in the middle of a protracted correction.

The market is now gripped by fear. The Fear and Greed Index is at 24, in the «extreme fear» zone. Investors are acting cautiously, waiting for the «right moment» to enter, which almost never comes. Ironically, it is fear that often creates the best opportunities — when assets fall to undervalued levels before new growth. The main support zones for ETH are located at $ 2,966.72, $ 2,940.30, and $ 2,897.86, while resistance is concentrated at $ 3,035.57, $ 3,078.01, and $ 3,104.43. A breakout of these levels could open the way to recovery.

Despite the predominantly bearish sentiment, the technical picture does not look critical. Out of thirty indicators, four give bullish signals, while twenty-six remain bearish. The Relative Strength Index (RSI) is at 41.25, which is in the neutral zone, with no signs of oversold or overheating. In addition, Ethereum is still trading above its 50-day and 200-day moving averages, which usually indicates that structural support remains.

Forecasts are cautiously hinting at a possible recovery, but the market remains unpredictable. To return to $ 3,100, Ethereum needs additional momentum and stabilization of investor sentiment. Today, fear dominates over greed, but patience and a balanced strategy can be the key to surviving this cycle — both for the coin and its owners.