#ETHDecPrediction

ETH Price Analysis & December Trading Outlook

ETH is currently trading around $3,120, showing a slight pullback of less than 1% after testing the $3,240 level earlier. The 4-hour chart reveals a strong recovery structure, with Ethereum rebounding sharply from the $2,719 low and maintaining stability above key moving averages.

🔍 Market Structure & Technical Insights

4H Trend: ETH remains in a short-term uptrend, forming higher highs and higher lows after the major bounce from $2,719.

Key Resistance: The most recent rejection came around $3,240, marking it as a crucial resistance zone for the next breakout attempt.

Current Support: Price is showing strength around the MA30 (≈ $3,089) and MA10 (≈ $3,122) — this alignment often signals bullish continuation if supported by volume.

Moving Averages:

MA5 and MA10 are hugging closely near the current price, indicating consolidation before a potential move.

MA30 is rising steadily, suggesting that buyers remain active on dips.

📉 Volume & Market Momentum

Trading volume has cooled slightly after the recent pump, but remains stable enough to support sideways-to-upward movement. A surge in buy volume near the $3,150–$3,200 zone could trigger another retest of $3,240.

📊 Macro Impact: Rate-Cut Expectations

With December rate-cut expectations rising, market participants are increasingly positioning for a more liquid environment. A rate cut typically boosts risk assets like ETH by lowering borrowing costs and improving overall liquidity.
Combined with ETF optimism and strong L2 activity, Ethereum may find renewed momentum throughout this week.

📈 My Prediction Range:

$3,240 – $3,380

This range reflects the possibility of ETH revisiting the recent high at $3,240 and potentially breaking above it if positive macro sentiment aligns with strong buyer interest. A push toward the upper boundary of the range is likely if momentum accelerates mid-week.

🧭 Trading Outlook for Gate.io Users

Traders may watch the $3,090–$3,120 support area for dip-buying opportunities.

A breakout above $3,240 could open a path toward $3,300+, especially if volume increases.

If ETH fails to hold MA30 support, short-term correction toward $3,050 may occur — but overall structure remains bullish unless $2,950 breaks.

Short-term scalpers can focus on the volatility between $3,120–$3,200.

Mid-term traders may target upside continuation toward $3,350+ if macro news remains supportive.

🏆 Join the December Prediction Challenge

Share your ETH price range (must be < $200 wide) and use the hashtag #ETHDecPrediction before Dec 11, 12:00 (UTC+8) to participate.

ETH is moving with increasing confidence — now it’s your turn to predict the next step.