The post Buyers Defend Key Zone as Analysts Eye Possible Rally appeared on BitcoinEthereumNews.com. Altcoin Analysis Ethereum is entering December with a renewed sense of momentum after climbing back above the 3,100 dollar region. Key Takeaways Ethereum faces immediate resistance at 3,180 dollars and strong support near 2,800 dollars, where 2.60 million ETH were accumulated. Analysts highlight improving buyer behavior, with higher lows suggesting potential momentum toward 3,700 dollars. RSI recovery and a positive MACD crossover indicate strengthening bullish momentum after a prolonged downturn. The recovery follows several weeks of heavy selling but now coincides with improving technical signals and strong on-chain buy zones that have begun to stabilize market sentiment. Accumulation Zones Shape the Market’s Near-Term Landscape Fresh cost-basis distribution data reveals that one of the largest clusters of holder positioning sits near 2,800 dollars. Roughly 2.60 million ETH were accumulated in this range, forming a structural support zone that has repeatedly absorbed sell pressure throughout the autumn downturn. At the top end of the current range, 3,180 dollars continues to stand out as the dominant resistance level, framing Ethereum’s path between buyer confidence and overhead supply. Analysts See Buyers Stepping In at Higher Levels Market strategists are paying close attention to how price behaves around the 3,150–3,180 dollar zone. Michaël van de Poppe notes that buyers are “stepping in at higher grounds than last week,” a pattern he views as a constructive shift toward bullish continuation. If this dynamic holds, he projects that Ethereum could be positioning for a move toward 3,700 dollars as the next major target zone. I’d love to see $ETH hold this previous resistance zone as support. What does that say? Well, it does say that buyers are willing to be stepping in on higher grounds than last week and that would signal a potential rally to $3,700. pic.twitter.com/tWjrviMBZq — Michaël van de Poppe (@CryptoMichNL) December 4, 2025… The post Buyers Defend Key Zone as Analysts Eye Possible Rally appeared on BitcoinEthereumNews.com. Altcoin Analysis Ethereum is entering December with a renewed sense of momentum after climbing back above the 3,100 dollar region. Key Takeaways Ethereum faces immediate resistance at 3,180 dollars and strong support near 2,800 dollars, where 2.60 million ETH were accumulated. Analysts highlight improving buyer behavior, with higher lows suggesting potential momentum toward 3,700 dollars. RSI recovery and a positive MACD crossover indicate strengthening bullish momentum after a prolonged downturn. The recovery follows several weeks of heavy selling but now coincides with improving technical signals and strong on-chain buy zones that have begun to stabilize market sentiment. Accumulation Zones Shape the Market’s Near-Term Landscape Fresh cost-basis distribution data reveals that one of the largest clusters of holder positioning sits near 2,800 dollars. Roughly 2.60 million ETH were accumulated in this range, forming a structural support zone that has repeatedly absorbed sell pressure throughout the autumn downturn. At the top end of the current range, 3,180 dollars continues to stand out as the dominant resistance level, framing Ethereum’s path between buyer confidence and overhead supply. Analysts See Buyers Stepping In at Higher Levels Market strategists are paying close attention to how price behaves around the 3,150–3,180 dollar zone. Michaël van de Poppe notes that buyers are “stepping in at higher grounds than last week,” a pattern he views as a constructive shift toward bullish continuation. If this dynamic holds, he projects that Ethereum could be positioning for a move toward 3,700 dollars as the next major target zone. I’d love to see $ETH hold this previous resistance zone as support. What does that say? Well, it does say that buyers are willing to be stepping in on higher grounds than last week and that would signal a potential rally to $3,700. pic.twitter.com/tWjrviMBZq — Michaël van de Poppe (@CryptoMichNL) December 4, 2025…