#ETHDecPrediction

Revised Forecast Range: $3,250–$3,430

Ethereum enters December with a noticeably strengthened outlook as global macroeconomic conditions begin shifting in favor of risk-on assets. Expectations of upcoming rate cuts, easing financial conditions, and improving liquidity across global markets have become central drivers of renewed investor confidence. Within this environment, Ethereum remains one of the most strategically positioned assets, supported by expanding institutional participation and increasing efficiency across its ecosystem.

Recent on-chain data reveals sustained capital rotation into Ethereum’s Layer 2 networks, a trend that reflects both rising adoption and a maturing user base. Reduced transaction costs and improved network throughput are strengthening Ethereum’s long-term value proposition while enabling more activity across DeFi, NFTs, and enterprise applications. This growing Layer 2 momentum indicates that both institutional desks and sophisticated retail investors view ETH as a core asset during periods of market recalibration.

From a technical standpoint, ETH has stabilized above the critical support zone near $3,150, forming a constructive higher-low structure. This pattern often precedes upward continuation phases, signaling that the market is currently in accumulation rather than distribution. The key resistance lies near $3,430, a level that aligns with previous swing tops and marks the next decisive zone for trend confirmation. A clean breakout above this level could trigger a broader continuation rally if macro conditions remain favorable.

Potential catalysts include further clarity on crypto ETF approvals, accelerating institutional inflows into Ethereum-based products, and continued expansion of network participation across decentralized applications. Any supportive macroeconomic announcement, particularly regarding monetary policy, could serve as a strong momentum driver. However, traders should remain attentive to sudden shifts such as regulatory developments or unexpected volatility in global markets, which may create temporary pullbacks.

Overall, the December outlook for Ethereum reflects a balanced combination of improving fundamentals, steady technical formation, and supportive macro sentiment. This period offers a strategic opportunity for disciplined accumulation and calculated trading, with the potential for ETH to retest its previous highs if current positive conditions persist.