The post Ethereum (ETH) Price Analysis for December 6 appeared on BitcoinEthereumNews.com. Almost all coins from the top 10 list are in the red zone today, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has declined by 3% since yesterday. Image by TradingView On the hourly chart, the rate of ETH is rising after setting a local support of $3,013. If the daily candle closes around the resistance, there is a high chance to see a level breakout, followed by a further upward move to the $3,050-$3,100 range. Image by TradingView On the bigger time frame, one should focus on the interim level of $2,985. If a breakout happens, the accumulated energy might be enough for a continued correction to the $2,800-$2,900 area. Image by TradingView From the midterm point of view, neither side is dominating as the price of the main altcoin is far from the key levels. Such a statement is also confirmed by the falling volume. You Might Also Like In this case, sideways trading in the range of $2,800-$3,200 is the more likely scenario. Ethereum is trading at $3,034 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-december-6The post Ethereum (ETH) Price Analysis for December 6 appeared on BitcoinEthereumNews.com. Almost all coins from the top 10 list are in the red zone today, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has declined by 3% since yesterday. Image by TradingView On the hourly chart, the rate of ETH is rising after setting a local support of $3,013. If the daily candle closes around the resistance, there is a high chance to see a level breakout, followed by a further upward move to the $3,050-$3,100 range. Image by TradingView On the bigger time frame, one should focus on the interim level of $2,985. If a breakout happens, the accumulated energy might be enough for a continued correction to the $2,800-$2,900 area. Image by TradingView From the midterm point of view, neither side is dominating as the price of the main altcoin is far from the key levels. Such a statement is also confirmed by the falling volume. You Might Also Like In this case, sideways trading in the range of $2,800-$3,200 is the more likely scenario. Ethereum is trading at $3,034 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-december-6

Ethereum (ETH) Price Analysis for December 6

2025/12/07 00:31

Almost all coins from the top 10 list are in the red zone today, according to CoinStats.

ETH chart by CoinStats

ETH/USD

The price of Ethereum (ETH) has declined by 3% since yesterday.

Image by TradingView

On the hourly chart, the rate of ETH is rising after setting a local support of $3,013. If the daily candle closes around the resistance, there is a high chance to see a level breakout, followed by a further upward move to the $3,050-$3,100 range.

Image by TradingView

On the bigger time frame, one should focus on the interim level of $2,985. If a breakout happens, the accumulated energy might be enough for a continued correction to the $2,800-$2,900 area.

Image by TradingView

From the midterm point of view, neither side is dominating as the price of the main altcoin is far from the key levels. Such a statement is also confirmed by the falling volume.

You Might Also Like

In this case, sideways trading in the range of $2,800-$3,200 is the more likely scenario.

Ethereum is trading at $3,034 at press time.

Source: https://u.today/ethereum-eth-price-analysis-for-december-6

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Vitalik Buterin Proposes Ethereum Gas Futures Market for Long-Term Fee Predictability

Vitalik Buterin Proposes Ethereum Gas Futures Market for Long-Term Fee Predictability

The post Vitalik Buterin Proposes Ethereum Gas Futures Market for Long-Term Fee Predictability appeared on BitcoinEthereumNews.com. Vitalik Buterin proposes an on-chain futures market for Ethereum gas, allowing users to pre-buy and lock in fees before potential price surges. This mechanism would provide long-term predictability for BASEFEE, helping developers and businesses plan transactions amid network volatility. Buterin’s vision introduces futures trading for gas, securing costs in advance for future Ethereum transactions. This system generates market-driven signals for BASEFEE evolution, reducing uncertainty in fee planning. Early projects like Oiler have tested gas derivatives, but a mature market is needed; Ethereum’s BASEFEE has fluctuated up to 200% in past cycles, per network data. Ethereum gas futures: Vitalik Buterin’s plan to pre-buy fees and stabilize costs. Discover how this on-chain market could transform transaction predictability—explore Ethereum’s future now! What is Vitalik Buterin’s Proposal for Pre-Buying Ethereum Gas? Vitalik Buterin, Ethereum’s co-founder, is advocating for an on-chain futures market that enables users to pre-buy gas at fixed prices, addressing the network’s long-standing issue of unpredictable transaction fees. This approach shifts focus from immediate cost reductions to long-term fee stability, allowing individuals and organizations to hedge against future spikes in BASEFEE. By creating a dedicated trading platform within Ethereum, Buterin aims to make gas pricing more transparent and manageable, fostering greater confidence in the ecosystem’s economic model. How Would an Ethereum Gas Futures Market Function? Ethereum’s current gas fee system relies on dynamic pricing through the EIP-1559 mechanism, where BASEFEE adjusts based on network congestion, often leading to volatility that can surge by over 150% during peak periods, as observed in historical data from the Ethereum Foundation’s reports. Buterin’s proposed futures market would operate as a decentralized exchange for gas contracts, where traders buy and sell claims to future gas units at agreed-upon prices. This market-driven mechanism would aggregate collective expectations, providing real-time signals on anticipated BASEFEE trends—such as potential increases tied…
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BitcoinEthereumNews2025/12/07 18:31