#DecemberRateCutForecast #DecemberMarketOutlook

The cryptocurrency market started the new day with a calm and horizontal outlook.

While Bitcoin is trading at $92,626, Ethereum is priced at $3,165. The size of the crypto market remains flat at $3.17 trillion.

The market, which gained momentum with the strengthening of expectations that the FED may cut interest rates at its December meeting, is following a more balanced course today, with the influence of the cautious stance of investors. Particularly with the approach of the interest rate decision, the partial weakening of risk appetite causes price movements to be stuck in a narrow band. In addition to the uncertainties regarding the FED on the macro side, the impact of positive news flow on the corporate side continues. However, in the short term, pre-decision position adjustments and low volume transactions seem to make it difficult for the market to determine direction. For this reason, volatility is expected to remain limited during the day and investors will prefer a wait-and-see strategy.

While the total value of the cryptocurrency market remained stable at $ 3.17 trillion, Bitcoin started the new day at $ 92,630. Ethereum is trading at $3,168, XRP is trading at $2.14, and Solana is trading at $142.67. Yesterday, there was a total outflow of $14.90 million from Bitcoin ETFs, while Ethereum ETFs recorded an inflow of $140.16 million.

Ethereum's last update, Fusaka, went live on December 4 at 00:50. Beyond the various scalability improvements it offers, the upgrade is also seen as the beginning of an accelerated development cycle for the Ethereum community.

Fusaka is the 17th major Ethereum upgrade to go live, roughly seven months after the Pectra update in May. However, the Ethereum Foundation, together with Fusaka, now plans to implement an accelerated hard fork schedule twice a year. This also shows that the foundation, which experienced a significant leadership change during the year, has been able to keep up with a faster pace of development.

Many crypto ETFs have been launched in recent weeks tracking assets such as Chainlink, SOL, and DOGE. Since the second Trump administration began about a year ago, the U.S. Securities and Exchange Commission (SEC), which oversees ETFs, has been more positive about crypto than in previous years. The SEC providing guidance for digital assets and approving standards that allow certain ETFs to be listed more quickly is also part of this change.

Bitcoin is trading at $93,212 today, following yesterday's balanced course. By exceeding the 89,000-90,000 band, the short-term weakness outlook has largely disappeared. The fact that the price remains above $92,000 shows that buyers are still in control. In upward movements, 94,000 and 95,500 levels are watched as the first resistance areas. If this region is broken, it seems possible for BTC to accelerate towards 97,000 and the psychological threshold of $ 100,000. In downward corrections, the 92,500 and 91,000 levels are followed as short-term support areas. Closes below $91,000 could weaken the bullish momentum and push the price back to the 89,000-88,500 band. The overall outlook indicates that Bitcoin maintains a strong recovery and bullish potential continues as long as it remains above $92,000.

Ethereum is priced at $3,203 today, continuing its positive trend in recent days. ETH, which gained momentum after the upward break of the 2,820-2,850 resistance band, maintains its strong appearance. In upward movements, 3,250 and 3,320 levels stand out as the first important resistances. Closings above 3.320 may move the price towards 3.380 and 3.450 levels. In downward movements, 3,150 and 3,080 levels are short-term support. If these areas are broken, the retreat may accelerate again towards 3,020 and 2,950 levels. The overall structure shows that Ethereum is in the process of consolidating after a strong breakout, and bullish potential remains maintained as long as it remains above $3,000.

XRP is trading at $2.18 today. Exceeding the 2.10 level, which formed resistance in the first half of the week, has recovered the short-term outlook. In upward movements, the 2.20 and 2.25 levels stand out as the first strong resistance areas. If persistence above 2.25 is achieved, the price can be expected to accelerate towards 2.30 and 2.35 levels. In downward corrections, 2.15 and 2.10 levels are watched as the first support zones in the short term. Closes below 2.10 may cause XRP to retreat towards 2.05 and 2.00 levels again. The current outlook indicates that XRP continues its short-term recovery process by overcoming critical resistances and its upward potential is maintained as long as it remains above 2.15.