The cryptocurrency market is facing a fresh wave of selling pressure following the brief recovery seen earlier this week. Ethereum<\/a> hit a peak of $3,248 on December 4, 2024<\/strong>, before retracing to the current $3,018<\/strong>, posting a loss of over 4%<\/strong> in the last 24 hours.<\/p>\n\n\n\n This volatility is nothing unusual in a crypto<\/a> market characterized by rapid fluctuations. However, behind this apparent pullback, an intriguing price structure is emerging that technical analysts are beginning to identify. Market sentiment remains temporarily bearish, but the charts tell a different story, one of a possible trend reversal on the horizon.<\/p>\n\n\n\n The current price zone represents a critical inflection point. Buyers and sellers are battling around the psychological level of $3,000<\/strong>, while the 50-day moving average reinforces this strategic technical support.<\/p>\n\n\n\n Buy your ETH before its explosion in just a few clicks with a bonus of up to $25<\/strong> on the exchange Zoomex<\/a><\/strong>:<\/p>\n\n\n\n