ETH has successfully held the key support level at $3,000, laying a solid foundation for December’s market trend. Market expectations for a Fed rate cut this month are surging, with the probability now at 82.8%, forming the core driver for the rally. Meanwhile, institutional funds are showing positive signals, with large purchases from institutions like Bitmine recently.
On the technical side, ETH has shown signs of a bullish breakout. If it can consistently hold above $3,100 and break through the resistance around $3,240, the price is likely to move upward toward the target range. The key catalyst to watch is the Fed’s rate decision on December 10 (tomorrow); if the rate cut goes as expected and market sentiment warms up, ETH is likely to challenge previous highs 🚀
The risk to watch out for is that $3,000 is widely regarded as an important psychological and support level; holding this level is a prerequisite for further gains. The core market driver—expectations of a Fed rate cut (December 10 FOMC meeting)—still has uncertainties, and any unexpected outcome could trigger significant volatility. If the rate cut expectations are not met or the price falls below the $3,000 support, it may test the $2,800 area on the downside.
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#ETH12月行情预测
Forecast range: $3,350–$3,550
ETH has successfully held the key support level at $3,000, laying a solid foundation for December’s market trend. Market expectations for a Fed rate cut this month are surging, with the probability now at 82.8%, forming the core driver for the rally. Meanwhile, institutional funds are showing positive signals, with large purchases from institutions like Bitmine recently.
On the technical side, ETH has shown signs of a bullish breakout. If it can consistently hold above $3,100 and break through the resistance around $3,240, the price is likely to move upward toward the target range. The key catalyst to watch is the Fed’s rate decision on December 10 (tomorrow); if the rate cut goes as expected and market sentiment warms up, ETH is likely to challenge previous highs 🚀
The risk to watch out for is that $3,000 is widely regarded as an important psychological and support level; holding this level is a prerequisite for further gains. The core market driver—expectations of a Fed rate cut (December 10 FOMC meeting)—still has uncertainties, and any unexpected outcome could trigger significant volatility. If the rate cut expectations are not met or the price falls below the $3,000 support, it may test the $2,800 area on the downside.