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$ETH Price Prediction: #Ethereum Eyes $3,757 Target Amid Technical Consolidation - December Forecast Shows 11.76% Upside Potential ETH price prediction targets $3,757 in the next week with analysts forecasting 11.76% gains by December 7th. Technical analysis reveals mixed signals as #Ethereum tests key support.

$ETH we can clearly see a breakout here (Picture 1) the last true pump and its Fibonacci (picture 2) the expected first pump (picture 3)

Inverted ETH hammer time

BULLISH BREAKTHROUGH: President Trump Backs Crypto Market Legislation In a landmark announcement, U.S. President Donald Trump has expressed his readiness to sign the long-awaited crypto market structure bill, signaling a massive shift in the global digital asset landscape. The proposed legislation aims to bring clarity, transparency, and protection to both investors and institutions, paving the way for the next major wave of cryptocurrency adoption. A New Era of Regulation and Growth The bill seeks to reduce market manipulation, enhance oversight, and define clear roles for regulatory agencies such as the SEC and CFTC. By establishing a structured framework for exchanges, stablecoins, and digital asset custodians, the legislation is expected to create a more stable and trustworthy environment for crypto investors. This move is being hailed as one of the most pro-crypto policy actions in U.S. history. Analysts believe it could unlock billions in institutional capital currently sitting on the sidelines due to regulatory uncertainty. With clear legal pathways, companies and investors may finally have the confidence to scale their operations in the United States. The Start of a Global Ripple Effect Trump’s support is likely to have far-reaching implications beyond U.S. borders. As the world’s largest economy moves toward crypto regulation and adoption, other nations may soon follow. This could ignite a global race toward embracing blockchain innovation and digital asset integration in mainstream finance. Market Reaction: Optimism Soars Crypto markets responded instantly with renewed enthusiasm, as Bitcoin, Ethereum, and several altcoins recorded sharp upward movements. Traders are calling this the start of the next “institutional bull cycle.” With President Trump’s signature poised to reshape the future of crypto, one thing is clear — a new chapter for digital finance is about to begin. 🚀

$ETH continues to hover around the $3,400 mark. Tomorrow’s market open will be crucial, with ongoing discussions to resolve the US government shutdown. If Ethereum manages to reclaim the $3,600 level, it could trigger renewed bullish momentum. Failing that, we may see ETH drop to new lows.