The analyst provides an Ethereum (ETHUSDT) market update, reflecting on a prior prediction of bullish momentum following an initial bottom at $2800. Subsequently, the market established a lower low at $2780, a movement consistent with the earlier forecast. A local bottom appears to be forming, evidenced by a bullish divergence and sustained support at the $2780 level, visible on the 12-hour timeframe. Key resistance is identified between $3000 and $3100, with a more significant resistance barrier at $3200. The volume profile indicates gaps at $3030 and approximately $3100, which are expected to be filled. Influenced by the broader financial market strength, particularly the S&P 500, the analyst anticipates an upward price movement for ETHUSDT. The most probable trajectory involves a volatile rally, aiming to fill the identified gaps and reach the $3200 resistance zone over the next week. However, the analyst advises against trading this immediate ascent due to perceived risks and suggests a potentially more advantageous entry point might emerge later, possibly in January, should the price retest lower support levels, such as the previous year's value area low at $2600. No immediate breakout beyond the $3200 resistance is foreseen without substantial additional market momentum.