Ethereum Near $2,890 Support as Traders Eye Key Resistance and December Monthly Close

Ethereum is trading around $2,970, compressed between the $2,890 support zone and resistance at $3,050–$3,150 as the December monthly close approaches. Analysts highlight $2,890 as a structural demand level, warning that a breakdown could invalidate the current bullish thesis, while a confirmed move above resistance may open the way toward $3,650 and higher targets.