The post ETH Attempts to Stabilize as Market Pressure Builds appeared on BitcoinEthereumNews.com.

ETH faces tight compression under major EMAs while buyers defend the crucial $3k zone. Rising futures open interest shows stronger trader activity despite ETH volatility. Prysm client configuration issues add urgency as ETH nodes adjust after Fusaka activation. Ethereum is attempting a structured recovery after several weeks of downward pressure, with price action stabilizing near $3,194. Market conditions remain tense, yet traders continue to watch the coin’s next reaction around key resistance levels.  Besides the short-term rebound, analysts note that Ethereum now sits at an important point where price structure and network activity intersect. This mix shapes expectations for December because futures positioning, spot flows, and a new technical alert from the Ethereum Foundation all influence sentiment at once. Price Structure Tightens Near Critical Barriers Ethereum reclaimed short-term moving averages on the 4H chart, which supports the ongoing recovery attempt. The next major hurdle stands at the 0.382 Fibonacci retracement near $3,244.  This level aligns with the 200-day EMA and forms a decisive resistance cluster. Hence, a clean 4H close above this region may allow a move toward $3,438 and later $3,632. Significantly, traders also outline extension levels at $3,908 and $4,260 if momentum accelerates. ETH Price Dynamics (Source: Trading View) Downside levels remain equally important. Ethereum holds support near $3,051, followed by a key reaction zone around $3,000. If sellers push the coin below this area, the chart exposes deeper supports at $2,998, $2,902, and a broader swing low at $2,616. Moreover, the broader structure still needs a confirmed breakout above $3,244 to shift the trend. Open Interest Climbs as Participation Expands Source: Coinglass Ethereum futures open interest continues to rise and has reached about $38.3 billion. This trend shows growing participation, especially during periods of price volatility. Moreover, the increase has remained steady from November into early December. …

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Filed under: News - @ December 4, 2025 5:23 pm