ETH is showing one of its cleanest higher-timeframe rotations of the month, holding firmly above the breakout zone even after the initial spike toward 3,397. The way buyers stepped in around 3,260 after the pullback shows strong intent, and the moving averages are now curving upward beneath price, creating a supportive structure instead of the choppy ranges we saw earlier.
With December sentiment shifting on the back of expected rate cuts, capital is beginning to rotate back into majors, and ETH is benefiting from that early rotation. The 4h candles are consistently closing above the short-term trend lines, which signals that bulls are controlling the tempo and absorbing dips without letting momentum fade. As long as ETH keeps defending this zone, the market has enough strength to continue building a slow, steady push upward.
If macro conditions align and the Fed confirms easing intentions, risk assets like ETH usually respond with renewed confidence. This environment, combined with improved liquidity and cleaner chart structure, increases the probability of ETH revisiting the 3,380–3,420 area, where the next cluster of liquidity sits. It doesn’t need explosive moves; even controlled grinding candles can guide it back into that range.
Given how the chart is shaping up, ETH’s mid-December bias leans bullish as long as it protects 3,260. A sustained reclaim of the upper zone could open the door for deeper upside attempts later in the month. #ETHDecPrediction $ETH
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#ETHDecPrediction
Range: 3,260–3,420
ETH is showing one of its cleanest higher-timeframe rotations of the month, holding firmly above the breakout zone even after the initial spike toward 3,397. The way buyers stepped in around 3,260 after the pullback shows strong intent, and the moving averages are now curving upward beneath price, creating a supportive structure instead of the choppy ranges we saw earlier.
With December sentiment shifting on the back of expected rate cuts, capital is beginning to rotate back into majors, and ETH is benefiting from that early rotation. The 4h candles are consistently closing above the short-term trend lines, which signals that bulls are controlling the tempo and absorbing dips without letting momentum fade. As long as ETH keeps defending this zone, the market has enough strength to continue building a slow, steady push upward.
If macro conditions align and the Fed confirms easing intentions, risk assets like ETH usually respond with renewed confidence. This environment, combined with improved liquidity and cleaner chart structure, increases the probability of ETH revisiting the 3,380–3,420 area, where the next cluster of liquidity sits. It doesn’t need explosive moves; even controlled grinding candles can guide it back into that range.
Given how the chart is shaping up, ETH’s mid-December bias leans bullish as long as it protects 3,260. A sustained reclaim of the upper zone could open the door for deeper upside attempts later in the month.
#ETHDecPrediction
$ETH