Trader_red

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Ethereum experienced a strong bullish impulse, followed by a small correction.
This structure looks like a classic bullish reversal pattern, and ETH is likely to resume the bullish trend again.
Price has now broken above the pattern, which is an important bullish signal. As long as ETH holds above this breakout area, the probability increases for a continuation to the upside.
The first upside target is the 3,160 area, which previously acted as a key structure zone.
If bullish momentum continues, ETH could extend higher toward the 3,350 level, where strong resistance is expected.
Key Levels:
3,160
3,350
You may find more details in the chart.
Thank you and good luck! 🍀
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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The top breaking crypto news for December 3, 2025, includes Bitcoin's surge past $93,000, US spot Bitcoin ETFs recording five consecutive days of net inflows, and Vanguard's decision to allow clients to access crypto ETFs. 

Market and institutional developments

Bitcoin price surge: Bitcoin has broken past the $93,000 mark in a rally that has energized the crypto community.

Vanguard and Bank of America embrace crypto: After years of resisting, Vanguard, an asset manager with $9.3 trillion under management, will now allow its clients to access Bitcoin, Ethereum, XRP, and Solana ETFs. This follows similar updated guidance from Bank of America for its wealth management clients.

US spot Bitcoin ETFs see strong inflows: US spot Bitcoin ETFs have achieved five straight days of net inflows, indicating strong and sustained institutional confidence in the asset class.

ETF activity: Grayscale launched a Chainlink spot crypto ETF, while XRP ETFs, despite some price slides, are dominating crypto ETF inflows. 
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