Ethereum Faces 2.75% Pullback as ETH Dips to 3,296 USDT Territory

2025-12-16 17:39:28

Abstract generation in progress

Ethereum is trading in a softer zone at the moment, with ETH dipping to around 3,296 USDT in recent trading sessions. The 24-hour performance shows a 2.75% decline from recent highs, reflecting some profit-taking across the broader market.

Market data confirms that Ethereum has broken below the psychological 3,300 USDT level, a key support zone that traders were watching. This pullback comes as investors reassess positions and digest recent market movements. The current price action on ETH suggests consolidation patterns are forming after the recent volatility.

As of the latest updates, Ethereum continues to trade in the lower 3,200 USDT range, with the 2.75% 24-hour loss putting ETH on traders’ radar for potential bounce opportunities or further downside. The broader sentiment remains cautious as market participants monitor whether this level will hold or if additional selling pressure might emerge.

ETH-2.63%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.