Ethereum price today is under pressure after a sharp pullback, with traders watching the $3,150 and $3,000 zones, while headlines around ETF flows and staking-enabled products keep institutional demand in focus.
Ethereum (ETH) price today: $3,121 (approx.)
24-hour move: about -4%
Today’s trading range: roughly $3,052 to $3,253
What is Ethereum’s price today?
Ethereum was trading around $3,121 on Saturday, December 13, 2025, down roughly $132 from the prior close (about -4%) after a volatile session that has seen ETH swing between $3,051.86 and $3,252.92.
A separate market update from Binance News (verified account) reported that ETH crossed 3,100 USDT early on Dec. 13 and was trading near 3,104.83 USDT, with its 24-hour decline narrowing to about -4.41% at the time of that post. [1]
Bitcoin, meanwhile, traded near $90,483 and was down roughly 2% on the day—important context because ETH often follows broader “risk-on/risk-off” swings led by BTC.
Why is Ethereum moving today?
Ethereum’s drop is landing at the intersection of macro risk sentiment, ETF flow dynamics, and positioning around key technical levels.
1) Macro jitters: rate-cut reactions and “AI risk” spillover into crypto
This week’s crypto volatility has been closely tied to broader risk appetite—especially after renewed worries that massive AI infrastructure spending is not translating into profits fast enough.
In a Dec. 11 Reuters market update, Bitcoin slipped below $90,000 and ether fell more than 4%, with Reuters linking the risk-off move to concerns around AI profitability after Oracle’s outlook disappointed and as markets digested a Federal Reserve rate cut. [2]
The key takeaway for ETH traders: even when equities stabilize, crypto can lag if investors turn defensive, cut leverage, or de-risk into the weekend.
2) ETF flows flipped negative heading into Saturday
One of the most closely watched demand signals for ETH in late 2025 has been U.S. spot Ethereum ETF flows.
According to Farside Investors’ daily ETF flow table, U.S. spot Ethereum ETFs recorded a net outflow of $19.4 million on Dec. 12, 2025. The same table shows BlackRock’s ETHA at +$23.2m on the day, while Fidelity’s FETH (-$6.1m) and Grayscale products (ETHE -$14.4m; ETH -$22.1m) weighed on the total. [3]
That mix—inflows in some newer products but outflows in others—often shows up when markets are choppy: investors may rotate exposures rather than add fresh risk, which can blunt upside momentum for spot prices.
3) Staking ETF developments are reshaping the “ETH ETF” narrative
The ETF story is evolving beyond pure spot exposure. Two recent developments are driving attention:
- Coinbase published a Dec. 11 post noting that Grayscale became the first U.S. issuer to begin staking the ETH and SOL underlying its spot crypto ETFs in October, effectively introducing staking ETFs and narrowing the gap between holding tokens directly vs. holding ETFs. [4]
- A new SEC filing signals that staking-enabled structures could expand further. A prospectus “subject to completion” dated Dec. 5, 2025 for the iShares Staked Ethereum Trust ETF states that the trust seeks to reflect the price of ether plus staking rewards (staking a portion of holdings at the sponsor’s discretion, subject to legal/regulatory risk). The filing also describes key parties, including iShares Delaware Trust Sponsor LLC (an indirect BlackRock subsidiary) and Coinbase Custody as an ether custodian. [5]
For ETH pricing, the near-term market impact is often about expectations: staking-enabled ETF wrappers could broaden institutional participation—but regulatory timelines, approval mechanics, and the pace of adoption still matter.
Ethereum fundamentals: the post-Fusaka backdrop
Ethereum’s latest major network upgrade is now in the rear-view mirror. The Ethereum Foundation announced that the Fusaka network upgrade activated on Dec. 3, 2025 (21:49:11 UTC) and highlighted changes aimed at scaling and UX improvements, including PeerDAS for blob/data availability scaling and a roadmap for Blob Parameter Only (BPO) forks to adjust blob targets over time. [6]
Ethereum.org’s roadmap page similarly frames Fusaka as a scaling-focused step (following Pectra), with PeerDAS and blob-related improvements aimed at supporting Layer-2 growth. [7]
Market implication (in plain English): upgrades like Fusaka tend to matter most when they translate into lower rollup fees, better user onboarding, and increased throughput—fundamentals that can support long-run adoption narratives, even if short-term price is dominated by macro and flows.
On-chain and positioning: whales buying vs. retail selling
Beyond ETFs, traders are watching whether large holders are accumulating into dips.
A Dec. 10 report citing Santiment data said whales and “sharks” accumulated about 934,240 ETH over three weeks, while retail wallets holding fewer than 10 ETH were net sellers (about 1,041 ETH sold), creating a large-holder vs. small-holder divergence that has sometimes preceded short-term rallies or reversals. [8]
This doesn’t “guarantee” a move—but it does help explain why ETH can find support even during broad market pullbacks: some larger players treat corrections as inventory-building windows.
Ethereum technical analysis: key support and resistance levels traders are watching
With ETH sliding but still holding the psychologically important $3,000 area, technical commentary has converged around a few levels:
Near-term support: $3,200 → $3,150 → $3,000
A technical note from Mitrade said ETH defended the $3,150 area and then consolidated above $3,200, highlighting a short-term trend-line support area around $3,180. It also flagged $3,150 as the “line in the sand,” warning that a break could put $3,040–$3,000 back in play. [9]
Resistance zone: $3,320–$3,350, then $3,400+
The same Mitrade analysis described $3,320–$3,350 as the next major test, with $3,400, $3,450, and $3,500 as upside levels if ETH can clear that band convincingly. [10]
“Big picture” levels: $3,400 rejection and the $2,800 downside scenario
A separate technical write-up from Brave New Coin framed the latest pullback as a rejection near $3,400, placing heavy emphasis on $3,150 as support—and pointing to ~$2,800 as the next major zone if $3,150 fails. [11]
How traders often interpret this setup today:
- Bull case: Hold above $3,150, reclaim $3,320–$3,350, then attempt $3,400 again.
- Bear case: Lose $3,150 and momentum shifts toward $3,000; lose $3,000 and $2,800 becomes a magnet.
Forecasts and price predictions for ETH (what analysts and models are saying on Dec. 13)
Forecasts in crypto range from bank research to exchange/aggregator model outputs. They can be useful as reference points, but they’re not guarantees—especially in a market where ETF flows, macro data, and leverage can flip sentiment quickly.
Short-term model-style forecasts (days to weeks)
- Binance’s ETH price prediction page shows daily forecast figures around the low-$3,100 area for mid-December (including Dec. 13). [12]
- A MEXC market forecast page highlighted resistance around $3,249–$3,400 and support near $2,985–$3,000, with a more optimistic scenario pointing to higher targets if momentum persists. [13]
Month-end style projections (December 2025)
- Changelly published a December 2025 ETH range forecast that lists an average in the mid-$3,000s and a higher-end target near $3,875 (with caveats that projections can miss real-time volatility). [14]
Institutional “targets” that still frame market narratives (but may be dated)
Earlier in 2025, some major banks published year-end targets for ether that still get cited in market discussions:
- Citi set a $4,300 year-end target for ether in a Reuters report dated Sept. 16, 2025. [15]
- Standard Chartered raised its year-end ether forecast to $7,500 in a Reuters report dated Aug. 13, 2025. [16]
Because we are now in mid-December, traders generally treat these as context rather than real-time trading calls.
What to watch next: catalysts that could move Ethereum from here
1) ETF flow direction (and whether “staking ETFs” expand)
After Dec. 12’s net outflow, the next trading sessions will matter. If net flows return to consistent inflows—especially alongside staking-enabled structures—ETH can regain a demand tailwind. [17]
2) Macro headlines and risk appetite
Reuters’ coverage this week reinforced how quickly crypto can react to macro catalysts (rate-cut expectations, tech sentiment, and risk positioning). [18]
3) Key technical levels: $3,150 and $3,350
The market’s current “decision point” is clear in most technical narratives: losing $3,150 risks $3,000, while reclaiming $3,350 improves the probability of another push toward $3,400+. [19]
Bottom line
Ethereum price today (Dec. 13, 2025) is hovering around $3,120, down roughly 4% after a volatile swing that has kept traders focused on $3,150 support and the $3,320–$3,350 resistance band. [20]
While near-term direction is still being set by macro risk sentiment and ETF flow data, the broader narrative is shifting: the market is increasingly pricing ETH not just as a “spot asset,” but as an asset where staking yield, ETF structures, and post-upgrade scaling progress could shape institutional allocation into 2026. [21]
Note: This article is for informational purposes only and is not financial advice. Crypto assets are volatile, and prices can change rapidly.
References
1. www.binance.com, 2. www.reuters.com, 3. farside.co.uk, 4. www.coinbase.com, 5. www.sec.gov, 6. blog.ethereum.org, 7. ethereum.org, 8. crypto.news, 9. www.mitrade.com, 10. www.mitrade.com, 11. bravenewcoin.com, 12. www.binance.com, 13. www.mexc.com, 14. changelly.com, 15. www.reuters.com, 16. www.reuters.com, 17. farside.co.uk, 18. www.reuters.com, 19. www.mitrade.com, 20. www.mitrade.com, 21. www.sec.gov


