Ethereum Price Surges 6% Today, Poised for a Gold-Like Parabolic Rally
Jakarta, Pintu News – Ethereum price is showing signs of a potential market reversal. The altcoin with a fully-diluted market capitalization of around $377 billion has risen by 6% in the last 24 hours, and is now trading above an important medium-term supply level around $3,200.
In the four-hour time frame (December 3), the ETH/USD pair seems to be forming a higher low, after consistently closing above the descending logarithmic trend line and resistance level around $3,082.
Ethereum Price Up 6.56% in 24 Hours
On December 4, 2025, Ethereum was trading at approximately $3,221, or around IDR 53,783,200 — marking a 6.56% increase over the past 24 hours. During this time, ETH reached a low of IDR 50,456,707 and a high of IDR 53,973,192.
At the time of writing, Ethereum’s market capitalization is estimated at IDR 6,455 trillion, while its 24-hour trading volume has climbed 15% to IDR 524.34 trillion.
Read also: Bitcoin Price Rises to $93,000 Today: Can BTC Rebound to $120,000 by Year-End?
Ethereum price has the potential to experience a gold-like parabolic rally
From a technical analysis point of view, the ETH/USD pair formed a fractal pattern similar to the price movement of gold.
After four years of moving flat in a horizontal pattern, the price of gold experienced a parabolic rally that pushed it to a new record high of around $4,373.
Similarly, the price of ETH shows a similar fractal pattern, signaling the potential for a major rally with a parabolic uptrend in the near future.
Key Reasons Why ETH will Lead the Altcoin Rise in the Near Future
1. Increased DeFi Activity: ETH Gains Support from Financial Institutions
The Ethereum network has evolved into a huge ecosystem in the world of Decentralized Finance . With a total value locked(TVL) of around $70 billion and a stablecoin supply of $165 billion, Ethereum has attracted more institutional lending protocols like AAVE.
Market data from DeFiLlama shows that TVL and Ethereum stablecoin supply has increased significantly in recent months.
The gradual implementation of the GENIUS Act has also encouraged the entry of more institutional investors and retail traders into the Ethereum network.
2. Increased Global Money Supply: Significant Changes in the Fed’s Monetary Policy
The medium-term outlook for Ethereum and the altcoin market as a whole remains bullish, driven by increasing global money supply. In the United States, President Donald Trump is rumored to be announcing a new Fed Chair, with Kevin Hassett being the strongest candidate.
Meanwhile, the Fed has been printing more money to buy US government securities and bonds, leading to a sharp surge in global money supply.
In this situation, capital rotation into crypto assets, particularly altcoins, is expected to increase dramatically in the next few months, which could trigger a major rally.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coinpedia. Ethereum Price Rallied 4% Today to Hit $3,144: Is the Altcoin Bottom In? Accessed on December 4, 2025
