<\/p>\n
Ether\u2019s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment.<\/p>\n
\u201cCurrently, yields are low, around 4%. This indicates the market has not reached a major top and could still push higher,\u201d Santiment said<\/a> in a report on Saturday, forecasting that Ether (ETH<\/a>) could revisit its $3,200 resistance level soon.<\/p>\n This represents an approximate 6.7% increase from its price of $2,991 at the time of publication according<\/a> to CoinMarketCap.\u00a0<\/p>\n Santiment said stablecoin yields in lending protocols offer \u201ca gauge of market health\u201d and are currently low, averaging roughly 3.9% to 4.5% across major platforms. The platform explained that a surge in yields typically indicates an increase in speculative leverage, a pattern that has historically preceded major crypto market tops.<\/p>\n While Ether\u2019s price has lagged in recent weeks, technical and flow-based signals are beginning to show early signs of recovery. The asset has posted a 21.32% decline over the past 30 days, as part of a broader market downturn that began after the significant $19 billion crypto market liquidation event on Oct. 10. This followed shortly after US President Donald Trump announcement of 100% tariffs on Chinese goods.<\/p>\n Crypto analyst Matthew Hyland pointed<\/a> out in an X post on Saturday that the \u201cETH-BTC Weekly is closing in on a bullish ribbon flip for the first time since July 2020.\u201d<\/p>\n Meanwhile, spot Ether ETFs staged a turnaround this week<\/a>, recording $312.6 million in net weekly inflows after three straight weeks of heavy withdrawals.<\/p>\n Sentiment across the broader crypto market is also showing signs of improvement. In November, historically Bitcoin\u2019s strongest month, the Crypto Fear & Greed Index<\/a> spent 18 days in \u201cextreme fear\u201d before moving up to a \u201cfear\u201d reading on Saturday, signaling some stabilization in market sentiment.<\/p>\n Related: <\/strong><\/em>Arthur Hayes warns Monad could crash 99%, calls it high-risk \u2018VC coin\u2019<\/strong><\/em><\/a><\/p>\n Looking ahead, December has historically posted an average return for Ether of 6.85% since 2013, according<\/a> to CoinGlass.\u00a0<\/p>\n That said, with October and November typically being strong months for Bitcoin (BTC<\/a>), which have underperformed this year, many in the broader crypto community are questioning the reliability of seasonal trends.<\/p>\nSpot Ether turns positive after the broader market downturn<\/h2>\n
Market sentiment is showing signs of improvement<\/h2>\n