Ethereum's price hasn't met expectations for December, hovering below the $4,000 milestone. However, ETH has shown a 6% gain over the past week, indicating resilience.
The Relative Strength Index (RSI) is neutral, suggesting a period of consolidation without clear momentum. Whale activity remains high but stable, with large holders indicating quiet confidence despite some caution.
The price is currently trading between $3,523 and $3,220. A breach of the resistance or support could dictate future movements, with potential targets at $3,827 and $3,987 upward, or falling to $3,096 crucial for stabilization.
