Ethereum (ETH) Market Analysis — December 13 ❄️
Bitcoin is once again trading near the lower boundary of its local range. No structural changes so far — the market remains in consolidation mode, with BTC moving sideways and providing no clear directional impulse.
Against this backdrop, Ethereum looks more technically interesting.
ETH has returned to retest a previously broken resistance zone, which now aligns with the Ichimoku Cloud on the higher timeframe. This area is acting as a key decision point.
If buyers manage to defend this level and we see a reaction to the upside, it would confirm the zone as support — creating a valid long setup, exactly as discussed earlier.
From a relative strength perspective, ETH continues to show resilience. Even a modest rebound in Bitcoin within its current range could be enough to push ETH higher, as capital often rotates into stronger altcoins during BTC consolidation.
That said, risk management remains critical. Partial profit-taking is highly recommended, especially in a range-bound market where momentum can fade quickly.
🎯 Key targets:
First target: $3,200
Secondary target: $3,400
Main bullish objective: $3,600
As long as ETH holds this reclaimed support, the structure remains constructive. A clean bounce here would reinforce the bullish continuation scenario.
