Ethereum seems to be on the comeback trail in the last month of the year. Despite the recovery, declining corporate treasury purchases are now casting doubts on how quickly Ethereum will be able to break above $4,000. Nonetheless, Ethereum seems to be doing well despite a lackluster fundamental performance. Here is how the world’s second-largest cryptocurrency performed at press time based on a TradingView report.
In December 2025, Ethereum showed relative strength and most major altcoins. Market sentiment turned around in anticipation of the US Federal Reserve’s FOMC meeting, and whales, major players in the market, aggressively invested. Data from on-chain analytics showed that whales and ‘shark’ accounts accumulated nearly 1 million Ether over the last three weeks.
Institutional demand also turned around with the launch of US spot Ethereum ETFs. After weeks of tepid action, spot Ethereum ETFs turned back to positive net inflows, including a sizable $177 million inflow in a single trading session, which ranks among the largest since late October. This change in has helped steady Ethereum in volatile markets.
On the other hand, leveraged traders initiated a long position in the hope that ETH would continue its upward trajectory. A major part of these long positions has been set above the current market price, indicating that investors do not anticipate a decline.
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