#ETHDecPrediction Range: $3,240–$3,420

Ethereum enters December with renewed anticipation as expectations of a Fed interest rate cut continue to strengthen. The macro atmosphere is shifting toward risk-on sentiment, giving ETH a supportive backdrop despite the recent pressure from whale activity and declining liquidity.
Technically, the $2,820 support level is still being defended, signaling that buyers remain active even during broader market pullbacks. If the Fed delivers the expected 25 bps cut, ETH has a strong chance of holding above $3,240 and making a move toward the $3,420 resistance zone.

Supporting Factors
✅ Potential Fed rate cut → boosts risk appetite across crypto
✅ Lower L2 costs → increases on-chain activity and strengthens ETH’s demand fundamentals
✅ Continued ETF expectations → maintains institutional interest and inflow potential

Risks to Watch
⚠️ Whale selling pressure may trigger short-term volatility
⚠️ Unexpectedly hawkish Fed messaging could break support and delay upward momentum
December may ultimately be shaped by macro signals, but ETH’s on-chain foundation and ecosystem strength continue to position it favorably for the next move.