The digital asset market begins December on a constructive note, supported by rising risk appetite and expectations of monetary easing. $ETH underlying momentum remains resilient as investor confidence strengthens amid growing institutional inflows and favorable ETF developments.
Market liquidity has improved steadily, with capital rotation from Bitcoin toward major altcoins enhancing medium-term upside potential. Layer-2 expansion and declining transaction costs continue to reinforce network efficiency, lending structural support to price stability.
From a technical standpoint, the asset maintains a bullish configuration: successive higher lows and firm support around $3,300 indicate sustained demand, while the resistance zone near $3,520 remains the next key level to monitor. A confirmed breakout above this threshold could extend the rally toward previous quarterly highs.
However, macroeconomic catalysts such as upcoming U.S. inflation data and policy guidance may introduce temporary volatility. Despite short term fluctuations, the broader outlook remains constructive, reflecting improved market structure and long-term accumulation behavior among strategic investors.
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.
The digital asset market begins December on a constructive note, supported by rising risk appetite and expectations of monetary easing. $ETH underlying momentum remains resilient as investor confidence strengthens amid growing institutional inflows and favorable ETF developments.
Market liquidity has improved steadily, with capital rotation from Bitcoin toward major altcoins enhancing medium-term upside potential. Layer-2 expansion and declining transaction costs continue to reinforce network efficiency, lending structural support to price stability.
From a technical standpoint, the asset maintains a bullish configuration: successive higher lows and firm support around $3,300 indicate sustained demand, while the resistance zone near $3,520 remains the next key level to monitor. A confirmed breakout above this threshold could extend the rally toward previous quarterly highs.
However, macroeconomic catalysts such as upcoming U.S. inflation data and policy guidance may introduce temporary volatility. Despite short term fluctuations, the broader outlook remains constructive, reflecting improved market structure and long-term accumulation behavior among strategic investors.
Range: $3,360–$3,520
#ETHDecPrediction