Ethereum has entered a consolidation phase following a turbulent period of selling pressure driven by macroeconomic uncertainty and market fear surrounding the US government shutdown. Over the past week, Ethereum’s price has stabilized around the $3,500 level after briefly dipping below key supports, as traders and institutions reassess risk exposure across the crypto market. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Despite the cautious sentiment, on-chain data reveals a contrasting story — large holders, or “whales,” are quietly accumulating ETH during the downturn. According to data from Lookonchain and CryptoQuant, several high-value wallets have increased their Ethereum positions significantly, signaling growing confidence among long-term investors even as broader market momentum slows. This accumulation phase suggests that sophisticated players view current price levels as an opportunity rather than a sign of broader weakness. Historically, similar patterns of whale buying during macro uncertainty have preceded periods of recovery and renewed market strength. Whale Activity Suggests Strategic Accumulation Despite Market Uncertainty According to data from Lookonchain, a whale known for aggressive Ethereum accumulation has just purchased an additional 30,548 ETH ($105.36 million) within the past hour. This move brings his total acquisitions since November 4 to an astonishing 385,718 ETH, worth roughly $1.33 billion. Notably, around $270 million of the funds used for these purchases were borrowed from the decentralized lending platform Aave, highlighting a highly leveraged but strategic positioning. This type of activity often signals strong institutional confidence in Ethereum’s medium-term outlook. Borrowing large sums to accumulate ETH indicates that the whale expects price appreciation substantial enough to offset borrowing costs and volatility risks. It also reflects growing demand for Ethereum exposure within decentralized finance (DeFi), where whales utilize platforms like Aave to optimize capital efficiency. Such large-scale buying can have multiple implications: it absorbs available market liquidity, strengthens psychological support zones, and may trigger a sentiment shift among retail investors who interpret the move as bullish. However, it also introduces potential short-term risk — if prices correct further, leveraged positions could amplify volatility. Overall, the data points toward renewed accumulation momentum, suggesting that sophisticated market participants are positioning for Ethereum’s next major move. Related Reading: Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50% Bulls Attempt to Reclaim Momentum Ethereum (ETH) is currently showing signs of stabilization after weeks of intense selling pressure, trading around $3,479 at the time of writing. The daily chart shows ETH holding just above the 200-day moving average (red line) — a key long-term support level that has historically acted as a launch point for bullish recoveries. After dipping below $3,200 earlier in the week, Ethereum bounced strongly, supported by renewed whale accumulation and improving market sentiment. However, the 50-day (blue) and 100-day (green) moving averages remain above the current price, indicating that the short-term trend is still tilted to the downside. For bulls to regain control, ETH needs to close decisively above $3,650–$3,700, where a confluence of resistance sits. Related Reading: Ethereum Trading Volume On Binance Surpasses $6 Trillion: A Speculative Frenzy Unfolds Volume data suggests that selling pressure is gradually fading, but momentum remains weak. If Ethereum fails to maintain the $3,400–$3,450 zone, the next major support lies near $3,200. On the upside, reclaiming the $3,700 mark could open the door to a recovery toward $4,000. Overall, Ethereum appears to be in a consolidation phase, with large holders accumulating while retail traders remain cautious — a structure that often precedes a stronger directional move. Featured image from ChatGPT, chart from TradingView.com
Funstrat co-founder Tom Lee says Ethereum could be the crypto market’s near-term leader, targeting a move to $12,000 by January on the back of Wall Street’s tokenization push and rising growth expectations for smart-contract platforms. In an interview released Nov. 10 with Tom Nash, Lee emphasized that while Bitcoin remains under-owned, “there’s a bigger move in Ethereum” over the next several weeks as capital reallocates toward the rails that power stablecoins and tokenized assets. Why Ethereum Is Poised To Rally Soon Lee anchored his call to a blend of technical and fundamental drivers. Citing Funstrat’s head of technical strategy, he noted: “Mark Newton […] thinks we can be like $9,000 to $12,000 by January. I think that’s about right. I think Ethereum […] more than doubles between now and year end or between now and January.” In parallel, he said Bitcoin could reach the “high $100,000s, maybe even $200,000 by the end of the year,” while reiterating that Ethereum likely has the bigger near-term upside. Related Reading: Ethereum Trading Volume On Binance Surpasses $6 Trillion: A Speculative Frenzy Unfolds The crux of the Ethereum thesis, as Lee laid it out, is that the demand side of crypto is shifting toward applications that depend on smart contracts—precisely the domain where Ethereum is most entrenched. “Even Cathie Wood wrote about it. She thinks stablecoins have been cannibalizing demand for Bitcoin and gold and tokenized gold is cannibalizing demand for Bitcoin. But stablecoins and tokenized gold run on smart contract blockchains like Ethereum,” he said. He added that “Wall Street is building and Larry Fink wants to tokenize everything on the […] blockchain. That means Ethereum is where people are starting to raise their growth expectations.” Lee argued that this change in growth expectations matters as much as, if not more than, headline monetary policy over short windows. While acknowledging that the Federal Reserve remains a critical backdrop, he framed potential December easing as a catalyst for risk assets broadly—financials, small caps, and tech—and, by correlation, crypto. “If they cut in December, they’re confirming they’re on an easing cycle,” he said, calling that “really bullish” for equities most tightly linked to growth and liquidity. In Lee’s framework, those same flows support crypto assets—and Ethereum in particular—into year-end positioning. The fund manager also located the crypto setup within a larger “super-cycle” he’s been mapping for years. He contends that markets are still in the early innings of an AI-driven capex boom and a demographic regime that keeps demand for productive technology elevated. That backdrop, he said, has repeatedly wrong-footed bears who anchored on yield-curve inversions and 1970s inflation analogs. Related Reading: Ethereum Approaches Critical Resistance — Bullish Breakout Or Trap In The Making? “People have a hard time understanding and grasping super cycles […] we look for story arcs that last 10 to 15 years,” he said, arguing the last three years showcased “mass misconceptions” about recession and persistent inflation that never reconciled with reported earnings. The Macro Backdrop Pressed on risks to the call, Lee downplayed the idea that inflation is about to re-accelerate and argued that oil would need to approach levels near $200 to deliver a true growth shock to US households. “The most overrated risk is that inflation’s coming back,” he said, pointing to cooling housing and labor metrics and stating that recent claims about re-heating core services inflation were “dead wrong” when checked against the PCE series. On policy path-dependence, he suggested that even a December hold by Chair Powell would likely accelerate political pressure for a leadership change, muting the medium-term impact on risk assets. Timing-wise, Lee sees positioning as the near-term accelerant. He argued that institutions remain behind their benchmarks after repeatedly fading rallies through 2023–2025 and that the final weeks of the year often force a chase into outperforming segments. “There is incredible demand for equities because people are really off-sides […] 80% are trailing their benchmark this year […] they’re going to be buying stocks,” he said, adding that the AI trade “is going to come back strong” and that crypto tends to correlate with that move. For Ethereum specifically, Lee’s case reduces to a simple through-line: the pipes getting built are where the next leg of growth accrues. Stablecoins, tokenized gold, and Wall Street’s broader tokenization agenda are traffic that runs on programmable blockchains; the market, in his view, is only beginning to price that through. “If you’re raising your growth expectations, then your discount to the future is going up,” Lee said, explaining why he believes ETH can “have a huge move into year end” and reach the $9,000–$12,000 range by January. At press time, ETH traded at $3,447. Featured image created with DALL.E, chart from TradingView.com
Ethereum price failed to recover further above $3,650. ETH is trimming gains and might decline further if it dips below the $3,360 support. Ethereum started a fresh decline after it failed to stay above $3,620. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,360 zone. Ethereum Price Dips Again Ethereum price started a recovery wave above $3,400 and $3,550, like Bitcoin. ETH price was able to climb above the $3,600 and $3,620 resistance levels. However, the bears remained active near the $3,650 zone. A high was formed at $3,658 and the price started a downside correction. There was a move below the $3,550 level. There was a break below a bullish trend line with support at $3,575 on the hourly chart of ETH/USD. The price tested the 50% Fib retracement level of the upward move from the $3,178 swing low to the $3,658 high. Ethereum price is now trading below $3,550 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,500 level. The next key resistance is near the $3,520 level. The first major resistance is near the $3,550 level. A clear move above the $3,550 resistance might send the price toward the $3,650 resistance. An upside break above the $3,650 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,800 resistance zone or even $3,880 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,550 resistance, it could start a fresh decline. Initial support on the downside is near the $3,420 level. The first major support sits near the $3,360 zone and the 61.8% Fib retracement level of the upward move from the $3,178 swing low to the $3,658 high. A clear move below the $3,360 support might push the price toward the $3,290 support. Any more losses might send the price toward the $3,220 region in the near term. The next key support sits at $3,175 and $3,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,360 Major Resistance Level – $3,550
After two weeks of heavy redemptions, U.S.-listed spot Bitcoin ETFs turned positive again, led by Fidelity and Ark, even as global fund flows remain uneven.
Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the weekend, the King of Altcoins reclaimed the $3,400 resistance and soared approximately 7% to the $3,650 level, stabilizing around the $3,500-$3,550 area as the new week started. Daan Crypto Trades noted that the current levels are a crucial area to hold in the short term, explaining that “If the bulls can make that happen, we can start looking to fill up some of that inefficiency that was created during the big flush recently.” Nonetheless, Ali Martinez highlighted that over 869,000 ETH were accumulated around the $3,700 level, forming a major resistance wall in the cryptocurrency’s path to the $4,000 psychological barrier. Martinez also pointed out that the number of mega-whale addresses holding more than 10,000 ETH dropped by nearly two dozen in the past week. Per CoinGlass data shared by the analyst, 23 of the largest Ethereum whales sold or redistributed their holdings between November 4 and November 8. Despite this, large-scale investors continued to bet on the King of Altcoin during the market sell-off. Tom Lee, CEO of BitMine, affirmed that “the recent dip in ETH prices presented an attractive opportunity” to purchase the cryptocurrency. As a result, the company bought 110,288 ETH, worth $400 million, last week, increasing its holdings to 3,505,723 million tokens, or 2.9% of ETH’s total supply. ETH’s Q4 Rally Delayed? Despite the recent recovery, Ted Pillows suggested that Ethereum might not run to new highs this month, arguing that, just like Bitcoin, “Ethereum isn’t showing any correlation with M2 supply.” The analyst explained that this often happens when US liquidity growth is hindered. Based on this, he considers that the second-largest cryptocurrency by market capitalization could consolidate throughout the rest of the month “before taking off in Dec 2025/Jan 2026.” Similarly, analyst Crypto Wolf believes ETH will likely “print a clear higher low” near $3,400-$3,500 this month as “only after that can we realistically target new ATHs into December.” The market watcher highlighted that $3,100 is the next major support zone after the recent shakeout. If this level holds in the higher timeframes, ETH could build a base to retest the recent highs. However, losing this crucial area would be “how the bear market begins.” Related Reading: Dogecoin Price Could See 4,440% Rally To $5 If This Macro Cycle Repeats Meanwhile, analyst Cas Abbé noted that ETH’s recent performance resembles its Q2 price action. At the time, the altcoin briefly broke below its multi-month consolidation range before recovering and rallying 100% to new highs in the next two months. If history repeats itself, Ethereum could be preparing to retest the $3,700-$3,800 resistance soon and potentially record a massive rally by the end of the year. Featured Image from Unsplash.com, Chart from TradingView.com
Throughout the past year, Bitcoin (BTC) and Ethereum (ETH) have emerged as the primary focus for a growing trend of Digital Asset Treasuries (DATs), particularly driven by favorable pro-crypto regulations worldwide. However, recent reports from Reuters indicate that this focus is beginning to shift towards less popular altcoins. DAT Firms Explore New Opportunities Beyond Bitcoin As of September, there are at least 200 DAT companies, predominantly concentrating on Bitcoin, with a combined market capitalization of approximately $150 billion. This figure reflects a more than threefold increase from the previous year. New companies are launching daily, many of which are penny stocks looking for avenues to enhance profits. Yet, as Bitcoin’s value declines, these firms are increasingly turning to new tokens in hopes of achieving greater returns. Related Reading: Ethereum (ETH) Holds Strong as Analysts Target $4,400 Despite ETF Outflows In recent weeks, companies such as Greenlane, OceanPal, and Tharimmune have announced plans to acquire tokens like Berachain (BERA), Near protocol (NEAR), and Canton Coin (CC), respectively. Peter Chung, head of research at crypto-focused Presto Research, noted that while the initial hype surrounding DATs has diminished, there remains potential for a resurgence. In a recent interview with Reuters, an OceanPal representative stated that their acquisition of NEAR tokens was intended to leverage the asset’s integrated artificial intelligence (AI) capabilities. Retail Investors Lose $17 Billion In Crypto Treasuries Earlier in the year, many digital asset treasury companies traded at a premium to their crypto holdings as investors believed these firms could leverage credit to acquire more tokens. However, with Bitcoin’s recent struggles and an influx of Strategy (previously MicroStrategy) imitators, some companies are beginning to falter. Reuters indicates that at least 15 Bitcoin treasury companies were trading below the net asset value of their tokens as of last Friday. Retail investors, significant buyers of high-profile Bitcoin treasury companies, reportedly lost around $17 billion on these trades, according to estimates from Singapore-based 10x Research. Additionally, digital asset treasuries focusing on other leading cryptocurrencies are also facing challenges; ETHZilla and Forward Industries have recently approved share repurchases, a strategy typically employed to support share prices. Related Reading: Dogecoin Price Could See 4,440% Rally To $5 If This Macro Cycle Repeats Despite the potential for higher gains, analysts warn of the risks associated with this strategy. Cristiano Ventricelli, vice president and senior analyst of digital assets at Moody’s Ratings, cautioned that expanding into “exotic” and less liquid cryptocurrencies could significantly heighten risk. According to Ventricelli, when market conditions worsen, companies that invest in these assets face greater pressure on their equity. Michael O’Rourke, chief market strategist at JonesTrading, also expressed concern that most digital asset treasury companies may ultimately trade at a discount to their digital assets. Featured image from DALL-E, chart from TradingView.com
Ethereum price started a recovery wave above $3,500. ETH is showing positive signs but faces hurdles near the $3,650 resistance. Ethereum started a decent upward move above $3,420 and $3,500. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,650 zone. Ethereum Price Faces Resistance Ethereum price managed to stay above $3,250 and started a recovery wave, like Bitcoin. ETH price was able to climb above the $3,350 and $3,420 resistance levels. The bulls pushed the price above the 61.8% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The upward move was such that the price spiked to test the key hurdle at $3,650. Besides, there is a bullish trend line forming with support at $3,520 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,550 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,650 level. The next key resistance is near the $3,710 level and the 76.4% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The first major resistance is near the $3,740 level. A clear move above the $3,740 resistance might send the price toward the $3,880 resistance. An upside break above the $3,880 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,920 resistance zone or even $3,950 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $3,650 resistance, it could start a fresh decline. Initial support on the downside is near the $3,540 level or the trend line. The first major support sits near the $3,485 zone. A clear move below the $3,485 support might push the price toward the $3,360 support. Any more losses might send the price toward the $3,260 region in the near term. The next key support sits at $3,200 and $3,180. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,485 Major Resistance Level – $3,650
Ethereum is once again knocking on a major resistance level, sparking fresh excitement across the market. After a steady climb, ETH now faces a crucial test near the $3,700 mark, a zone that could determine whether bulls reclaim control or if another pullback is on the horizon Ethereum’s Uptrend On The Line — Will Buyers Step In? According to Crypto King, a well-known crypto analyst, ETH has reached a crucial point on the daily chart that could determine its next major move. The analyst noted that ETH’s price action is currently hovering around a key level, making this moment critical to track the broader market structure. Related Reading: Ethereum Price Surge To $5,500: What To Watch Out For To Mark The Bottom In the post, Crypto King pointed out that the main uptrend line has been tested once again. The outcome of this test, the expert explained, will set the tone for Ethereum’s next direction, either confirming a bullish continuation or signaling the beginning of a deeper correction. Should the bulls manage to reclaim the trendline and drive the price above $4,950, Crypto King believes this could open the door for a strong move toward $5,600. Such a breakout would reaffirm the ongoing bullish trend and could attract renewed market interest. However, the analyst cautioned that failure to hold this key level may invite selling pressure, triggering a drop toward the $2,000 zone and invalidating the broader uptrend that has supported ETH in recent months. Crypto King concluded by reminding traders to stay calm and let the chart speak, emphasizing patience over panic. In volatile conditions like these, the market often rewards those who wait for clear confirmations rather than reacting impulsively to every move. Price Facing Critical Resistance At The $3,700 Mark In a more recent update from Ted Pillows, a crypto analyst, highlighted that ETH is now approaching the key $3,700 resistance level that is crucial for its next short-term direction. The market has shown renewed strength in recent sessions, but all eyes are now on how ETH reacts around this critical zone. Related Reading: Ethereum Price Could Crash Below $3,400 After Rejection From 0.618 Fibonacci Level According to Ted, if Ethereum closes a daily candle above $3,700, it could trigger a fresh wave of bullish momentum, potentially pushing the price toward $4,000. Such a breakout would likely signal that buyers are regaining control and could pave the way for further upside in the days ahead. However, Ted also warned that if ETH fails to break through resistance, a rejection could bring its price to the $3,400 support zone. This would indicate that bears are still defending the upper levels, keeping the price trapped within its current range. Featured image from Pixabay, chart from Tradingview.com
Once the future of digital money, central bank digital currencies barely featured this year as Hong Kong’s focus shifted to stablecoins and Brazil’s Drex pause showed how even early adopters are rethinking the model.
Ethereum is showing renewed strength after days of intense selling pressure and widespread uncertainty across the crypto market. Following a sharp drop below the $3,300 level, bulls are now attempting to reclaim $3,600, with the next major objective set at $4,000 — a level that could confirm a shift in market momentum if conquered. Related Reading: SharpLink Gaming Wallet Moves Freshly Redeemed Ethereum to OKX – Details Amid this recovery effort, key on-chain data highlights a surprising move from one of the market’s most closely watched traders — the so-called Anti-CZ Whale. This investor gained notoriety for shorting ASTER shortly after Changpeng Zhao (CZ) — the former CEO of Binance and one of the most influential figures in crypto — publicly mentioned buying it. The whale’s timely short turned out to be highly profitable, reinforcing their reputation as a contrarian yet precise market player. Now, this same whale has flipped bullish on Ethereum, opening a significant long position after having shorted ETH last week. The move signals growing confidence in Ethereum’s recovery potential and could hint at an upcoming market reversal. As sentiment begins to stabilize and liquidity rotates back into major altcoins, Ethereum’s price action in the coming days will be crucial in determining whether this bounce evolves into a sustained uptrend. The Anti-CZ Whale Flips Bullish on Ethereum According to new on-chain data shared by Lookonchain, the trader known as the Anti-CZ Whale has once again demonstrated his sharp market timing. After shorting Ethereum (ETH) during last week’s market correction, the whale has now flipped bullish — taking a major long position that reflects growing confidence in the asset’s recovery. The data reveals that the whale currently holds 32,802 ETH, valued at roughly $119.6 million, with more than $15 million in unrealized profit so far. This strategic pivot came shortly after Ethereum’s rebound from its recent lows near $3,200, suggesting that the trader anticipated a relief rally as selling pressure began to ease. What makes this move even more significant is that the Anti-CZ Whale is still maintaining profitable short positions in other assets — notably ASTER and PEPE. This indicates a selective, tactical approach rather than a broad market shift. His ETH long aligns with improving sentiment around Ethereum, while the other shorts suggest caution toward more speculative altcoins. Historically, the Anti-CZ Whale has earned a reputation for trading against major narratives — including his successful short on ASTER after Changpeng Zhao (CZ), Binance’s former CEO, tweeted about buying the token. His latest move toward ETH could therefore signal that smart money is beginning to rotate back into high-conviction assets. Related Reading: Cardano Whales Trim Positions – 4M ADA Sold in 7 Days ETH Price Analysis — Signs of a Short-Term Recovery Ethereum’s price action on the 4-hour chart shows a notable recovery following last week’s sharp decline. After dipping below $3,300, ETH found strong buying interest and has since rebounded toward the $3,600 region — a key short-term resistance level. This rebound coincides with increased trading volume, suggesting renewed confidence among bulls after several days of panic-driven selling. The structure now shows early signs of a potential trend reversal, as Ethereum has formed a short-term higher low pattern, with buyers defending the $3,350–$3,400 support zone. If momentum continues, the next target for bulls lies near $3,800, where previous breakdowns occurred. A clear break and close above that level would confirm a bullish continuation toward the $4,000 mark. Related Reading: Bitcoin OI Suffers Deepest Drop Of The Cycle: $10B Leverage Wipeout Leaves Traders Cautious However, ETH still faces challenges ahead. The broader market remains fragile, and the asset is yet to reclaim its 200-period moving average, which currently acts as dynamic resistance. Failure to sustain momentum above $3,600 could lead to renewed selling pressure, potentially retesting support near $3,250. Featured image from ChatGPT, chart from TradingView.com
Ethereum has reclaimed key price levels after a volatile weekend, emerging as one of the strongest performers in the ongoing market rebound. As Bitcoin stabilizes near $100K, altcoins are gaining momentum, with ETH once again leading the charge. The recovery comes amid renewed optimism across the crypto sector, as traders and investors position for potential upside following weeks of correction and fear-driven selling. Related Reading: SharpLink Gaming Wallet Moves Freshly Redeemed Ethereum to OKX – Details According to a CryptoQuant report by analyst Darkfost, Ethereum trading volume has reached record highs on Binance, highlighting the speculative nature of the current market. The report notes that speculation now plays a much larger role than in previous cycles, with trading activity at unprecedented levels. In contrast to past bullish phases — when spot market activity dominated and provided a healthier foundation for growth — today’s rally appears heavily fueled by leverage and short-term speculation. This shift has made the market more volatile and less stable, even as prices recover. Speculation Dominates as Ethereum Trading Activity Hits Unprecedented Levels According to CryptoQuant analyst Darkfost, the Ethereum market is now driven by speculation more than ever before, as traders pursue quick returns rather than sustainable growth. This shift in behavior has created a far less stable trading environment, with volatility and leverage increasingly shaping price action. Data shows that across centralized exchanges (CeX), both trading volumes and open interest have reached historic highs. On Binance, Ethereum trading volumes have already surpassed $6 trillion in 2025, roughly two to three times higher than in previous years. Other major exchanges show similar patterns, but Binance continues to dominate market activity by a wide margin, underscoring its position as the primary venue for speculative ETH trading. Open interest levels also tell a striking story. In August 2025, ETH open interest exceeded $12.5 billion on Binance — a staggering fivefold increase compared to the previous all-time high of $2.5 billion in November 2021. This explosion in leveraged positions highlights the extent to which Ethereum trading has evolved into a highly speculative environment dominated by short-term positioning. Altogether, these trends reveal a market structure increasingly reliant on derivatives rather than spot buying. As Darkfost notes, this cycle’s speculative intensity makes Ethereum’s price dynamics far more fragile and reactive, explaining the frequent sharp swings and heightened sensitivity to liquidity shifts that now define the ETH market. Related Reading: Cardano Whales Trim Positions – 4M ADA Sold in 7 Days Testing Key Resistance After Sharp Sell-Off Ethereum (ETH) is showing early signs of recovery following last week’s sharp decline, as the price rebounds from lows near $3,200 to trade around $3,590 at the time of writing. The rebound follows a strong reaction from buyers after multiple days of heavy selling pressure, hinting at renewed confidence in the market. From a technical perspective, ETH’s recent bounce suggests that short-term momentum may be shifting back toward the bulls. The daily chart shows a clear structure of higher lows forming, but Ethereum still faces immediate resistance near the $3,650–$3,700 zone, which aligns with the previous consolidation area before the breakdown. A decisive close above this level could open the door for a move toward $3,850–$3,900, while failure to break higher may signal continued consolidation. Related Reading: Ethereum Whales Accumulate Aggressively: 394K ETH Worth $1.37B In Just 3 Days Volume analysis also shows that the recent bounce was accompanied by increased buying activity, reinforcing that the $3,200 region acted as a strong demand zone. However, overall trading conditions remain fragile, with volatility still elevated and speculative activity dominating the market. Featured image from ChatGPT, chart from TradingView.com
The cryptosphere is keeping a close eye on Ethereum (ETH), as the second-largest cryptocurrency by market cap demonstrates resilience amid market shakes. Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’ While spot ETF outflows are causing concern in some quarters, underlying network fundamentals and technical charts are painting a cautiously optimistic picture, with analysts pointing to a potential move toward the $4,400 mark. Ethereum ETF Outflows and Institutional Sentiment Despite ETH’s recent price recovery, institutional sentiment appears to be on firmer ground even as exchange-traded funds (ETFs) tied to Ethereum record sizeable outflows. Data show that Ethereum spot ETFs suffered a net outflow of approximately $508 million over the week, marking one of the largest weekly withdrawals in their history. This mirrors a broader shift in investor behaviour: while traditional crypto-fund inflows have tapered, margins of institutional conviction remain steady. On the one hand, redemptions suggest a short-term cooling of enthusiasm for ETH amongst ETF investors. On the other hand, this rotation may reflect a more strategic recalibration rather than a wholesale withdrawal of institutional capital. ETH's price trends to the upside on the daily chart. Source: ETHUSD on Tradingview Strong ETH Price Support and Technical Setup From a price-action standpoint, Ethereum shows signs of stabilisation. After a sharp weekly drop of around 12 %, the asset has rebounded above the $3,400 level. Analysts have identified key resistance near $3,720, with breakout targets in sight at approximately $4,400 and a further extension toward $4,955. Key technical highlights include: Holding the $3,200–$3,350 liquidity zone as support before the rebound. The break of a bearish trend line near $3,350, alongside clearing the 50 % Fibonacci retracement of the recent decline. Momentum indicators, such as MACD and RSI, are entering bullish territory, suggesting that the upside could be favored if resistance levels are conquered. Network Fundamentals and Catalysts Beyond price movements, Ethereum’s on-chain fundamentals offer reason for optimism. While some metrics are cooling, the total value locked (TVL) in the network has fallen by roughly 24% in the past 30 days to around $74.2 billion. On the flip side, Ethereum’s revenue from applications hit record levels as recently as mid-October, driven by stable-coin activity and increasing usage of the network’s “economic machine.” A key upcoming catalyst is the planned “Fusaka” upgrade, scheduled for early December, which is expected to enhance scalability and security in the Ethereum network, potentially boosting long-term value drivers. Related Reading: Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price While short-term challenges persist, including ETF outflows and macroeconomic uncertainty, the confluence of a strong technical setup, institutional interest, and network upgrades has led some analysts to feel comfortable pushing higher targets. Cover image from ChatGPT, ETHUSD chart on Tradingview
The Bitcoin price, which had been climbing steadily toward new all-time highs, suddenly plunged on October 10, dragging the Ethereum price and the rest of the market with it. According to the latest Binance Research monthly market insights, the crash wasn’t due to weak crypto fundamentals or a loss of investor interest, but to an abrupt flush-out of excessive risky positions following geopolitical shocks and macroeconomic uncertainty. Why The Bitcoin And Ethereum Prices Collapsed Binance Research reports that the October 10 crash occurred as traders sold more than $19 billion in high-risk positions, marking one of the most significant single-day sell-offs in recent crypto history. The drop began soon after US President Trump announced new tariffs on China, which raised trade tensions and sent risk markets into a tailspin. Related Reading: Here’s Why JPMorgan Analysts Are Still Bullish On The Bitcoin Price After Crashing Below $100,000 Bitcoin’s intraday price swings spiked to levels rarely seen, with a Z-score of 3.08, meaning such extreme moves statistically occur only once every 1,000 days. Binance Research notes that the sudden sell-off of high-risk positions pushed Bitcoin down around 4%, while Ethereum fell 8.6%, marking the market’s first negative October since 2018. The macro environment intensified the sell-off. A US government shutdown and a Federal Reserve rate cut in early October, when the Fed trimmed interest rates by 25 basis points but signaled a possible pause for further cuts, had already shaken investor confidence. With economic data flow disrupted and rate policy uncertain, traders sought safety and closed risky positions. Binance notes that overall crypto market capitalization fell 6.1%, indicating a coordinated pullback from high-risk exposure. Will History Repeat Itself Again? Despite the sharp drop, the market recovered quickly. According to Binance Research, total borrowed and high-risk positions, which briefly fell below 5%, rebounded to 5.77% by October 31, marking a 10% recovery and suggesting that traders remain confident in taking risks. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? Bitcoin’s market share rose to 59.4%, indicating that investors rotated toward safer options during the market turbulence. Meanwhile, Ethereum continued to attract institutional buyers, with treasury holdings reaching 5% of total ETH supply, demonstrating sustained confidence in its ability to generate returns. Binance’s BVoL index, which tracks expected price swings in crypto options, peaked at 52, far below the year’s high of 88 in March, indicating that investors did not expect a prolonged crash in Bitcoin and Ethereum prices. The analysis highlights that the October 10 crash acted as a reset of risky positions rather than a price trend reversal. The rebound in Bitcoin and Ethereum prices highlights the market’s resilience; however, the return of high-risk positions means another sharp correction could occur if new macroeconomic shocks arise, leaving prices vulnerable to sudden swings. Featured image from Dall.E, chart from TradingView.com
Bitcoin ETF outflows show institutions are trimming risk, not abandoning crypto, as trading stays off-chain and liquidity begins to improve.
Ethereum price started a recovery wave above $3,350. ETH is showing positive signs but faces hurdles near the $3,720 resistance. Ethereum started a decent upward move above $3,350 and $3,400. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,720 zone. Ethereum Price Attempts Recovery Ethereum price managed to stay above $3,200 and started a recovery wave, like Bitcoin. ETH price was able to climb above the $3,350 and $3,400 resistance levels. There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH/USD. The pair surpassed the 50% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The upward move was such that the price spiked above $3,620. Ethereum price is now trading above $3,550 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,650 level. The next key resistance is near the $3,720 level and the 76.4% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The first major resistance is near the $3,750 level. A clear move above the $3,750 resistance might send the price toward the $3,820 resistance. An upside break above the $3,820 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,880 resistance zone or even $3,925 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,650 resistance, it could start a fresh decline. Initial support on the downside is near the $3,580 level. The first major support sits near the $3,500 zone. A clear move below the $3,500 support might push the price toward the $3,450 support. Any more losses might send the price toward the $3,350 region in the near term. The next key support sits at $3,250 and $3,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,500 Major Resistance Level – $3,650
Prediction markets flipped overnight after Senate negotiators reached a bipartisan funding deal, sending crypto and risk assets higher on expectations that Washington will reopen before Veterans Day.
Coming out of weeks of downtrend, the Ethereum price could be looking to establish the next bottom as it sets up for a campaign toward new all-time highs. This is highlighted by crypto analyst MMBTtrader, who explained that the Ethereum price crash could be coming to an end. This is evidenced by a number of formations on the Ethereum price chart that suggest where the next lift-off might begin. Ethereum Price Is Testing The Next Major Support In an analysis shared on the TradingView website, the crypto analyst explained that the Ethereum price is now testing the next crucial technical level. The importance of this level comes with a 50% retracement of the Fibonacci sequence. Thus, it means that the Ethereum price is seeing major support at this level. Related Reading: Why The Bitcoin Price Crash Is Important If Wave 5 Corrects To $94,000 This support lies just above the $3,200 level, which the Ethereum price had managed to maintain through the market crash. This puts the critical level at the 0.5 Fibonacci support, which currently serves as the next make-or-break level for the cryptocurrency. If the Ethereum price is able to bounce off from here, then it could trigger the next wave of recoveries for the cryptocurrency. Not only that, it would be the signal that the bottom is finally in and the crash is over. The analyst further explains that this could lead to “a high-probability setup for a resumption of the primary bullish trend.” Such a breakout would lead to a rather strong bullish move for the digital asset, and the target from here would be a brand new all-time high. The first target from here would be $5,500 as bulls push the price higher. “This target is derived from the magnitude of the prior uptrend and represents a key resistance zone on the higher timeframes,” the analyst explained. The Bearish Side Of The Coin The 0.5 Fibonacci level, as explained above, is a make-or-break level. This means that whichever direction the Ethereum price takes after hitting this level could determine where the cryptocurrency is headed next. With the bullish side already explored, there is still the possibility that Ethereum fails to establish support and a bottom. Related Reading: BlackRock Exec Drops Trillion-Dollar Revelation At Ripple Swell, But Is XRP Ready? In the event of the Ethereum price actually breaking below this crucial level, then it would confirm the bearish pressure that has plagued the market. The analyst highlights on the chart that if the support breaks, then Ethereum could dump further below $3,000, with the major support lying just above $2,400. Such a decline would mean an over 30% crash for Ethereum, on top of the already struggling price. Therefore, it is imperative that bulls hold above $3,200 to prevent further decline. Featured image created with Dall.E, chart from Tradingview.com
Ethereum has been struggling to reclaim higher levels after losing the $3,100 mark earlier this week, as selling pressure and market-wide uncertainty continue to weigh on price action. Bulls are attempting to defend key support zones, but so far, momentum remains weak and upside recovery efforts have failed to gain traction. Despite this, no clear sign of a deeper breakdown has emerged, suggesting that the market could still be in a consolidation phase rather than entering a new bearish leg. Related Reading: Ethereum Whales Accumulate Aggressively: 394K ETH Worth $1.37B In Just 3 Days In the midst of this volatility, Sharplink Gaming — notably one of the first Nasdaq-listed companies to adopt a treasury strategy centered around Ethereum — has made significant on-chain moves during the recent downturn. This activity comes at a time when market sentiment has turned fearful and liquidity across exchanges has thinned, hinting that institutional actors may be positioning strategically amid the chaos. While the broader market remains on edge following Bitcoin’s dip below $100K, Ethereum’s network fundamentals and corporate adoption trends continue to attract long-term attention. Sharplink’s recent actions underscore the growing institutional role in ETH markets — and may signal that some players see opportunity where others see risk. Sharplink Gaming’s Ethereum Moves Signal Strategic Positioning According to data from Arkham shared by Lookonchain, a wallet linked to Sharplink Gaming made a significant move during the latest market correction. The wallet redeemed 5,284 ETH, valued at roughly $17.52 million, and subsequently deposited 4,364 ETH ($14.47 million) into OKX just four hours ago. The company’s total Ethereum holdings have risen to 859,395 ETH, now worth approximately $3.58 billion at current market prices. This makes Sharplink one of the most prominent institutional ETH holders, reinforcing its conviction in Ethereum’s long-term value despite short-term volatility. The move sparked debate among analysts, as the OKX deposit could imply either profit-taking or liquidity repositioning, depending on the company’s broader risk management strategy. However, given Sharplink’s consistent Ethereum accumulation and public alignment with blockchain-based initiatives, the transaction may instead represent active portfolio rebalancing during market stress — a sign of confidence rather than retreat. As Ethereum struggles to stabilize above $3,300, institutional moves like these highlight that smart money remains engaged, potentially setting the foundation for a stronger recovery once market sentiment improves and macro conditions stabilize. Related Reading: Bitcoin OI Suffers Deepest Drop Of The Cycle: $10B Leverage Wipeout Leaves Traders Cautious Ethereum Finds Temporary Support, But Recovery Faces Major Resistance Ethereum is currently trading around $3,298, struggling to reclaim ground after the sharp correction that drove prices below the $3,100 level earlier this week. The daily chart shows ETH attempting to stabilize above its 200-day moving average (red line) — a historically significant support zone that has served as a reversal area in previous market cycles. However, the broader structure remains fragile. Ethereum continues to trade below both its 50-day and 100-day moving averages, indicating that short- and mid-term momentum remains bearish. Bulls must reclaim the $3,400–$3,500 zone to confirm a stronger recovery, as this area represents both a psychological level and the point where the 50-day MA could act as dynamic resistance. Related Reading: Anti-CZ Whale Flips Bullish: Now Long $109M In Ethereum While Holding Massive Meme Shorts For now, Ethereum remains in a critical consolidation phase — holding above $3,200 is essential to prevent deeper losses. A decisive close below the 200-day MA, however, could open the door to a retest of $2,900–$3,000, marking a deeper correction phase. Featured image from ChatGPT, chart from TradingView.com
Following the crypto market crash on October 10, a bearish sentiment has dominated, with on-chain data indicating a continued decline in digital asset prices. Bitcoin (BTC), for instance, is nearing one of its worst weekly performances of the year, having recorded a 6% drop over the past seven days. The leading cryptocurrency has fallen below the critical $100,000 mark for four consecutive days. If this downward trend persists and is confirmed in the coming days, it could exacerbate selling pressure and further instill fear in the market, potentially leading to broader price declines. Short-Term Weakness Likely To Persist Taking a broader view, the market presents a mixed picture. Solana (SOL) has decreased by 20% year-to-date, while Chainlink (LINK) has suffered a 33% drop. Although Bitcoin, XRP, and Ethereum (ETH) have seen some gains this year, they have not outperformed the stock market, which has risen by 14% during the same period. Related Reading: Samourai Wallet Co-Founder Sentenced To 5 Years In Prison For Money Laundering Interestingly, October also recorded the highest weekly inflow into global crypto exchange-traded funds (ETFs), with $5.9 billion entering in the first week alone, primarily driven by Bitcoin and significant allocations to Ethereum. However, this has failed to result in new recoveries for these assets. Recent announcements from the Federal Reserve (Fed) indicate that it will cease quantitative tightening (QT) on December 1, accompanied by an interest rate cut. This change is expected to inject more liquidity into the crypto financial system. However, analysts at The Motley Fool caution that while increased liquidity does not guarantee higher cryptocurrency prices, the cessation of QT removes a persistent headwind. They argue that although the environment in October felt bleak, the policy outlook suggests a more favorable climate moving forward. This makes it hard to predict a deep bear market in crypto at this juncture, although short-term weakness is likely to persist for some time. Crypto Market Struggles For Stability While the recent selloff has affected the entire market, the most significant losses have been among altcoins. Augustine Fan, a partner at SignalPlus, noted that aside from Bitcoin and Ethereum, the broader crypto market has been struggling for months, with minimal new investments flowing into alt-tokens or decentralized finance (DeFi) projects. He highlighted that, without new catalysts and amid ongoing concerns regarding security and regulation, mainstream participation in the market is likely to remain subdued. Related Reading: XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05 Jeff Mei, the chief operating officer of crypto exchange BTSE, attributed the latest dip in digital assets partly to worries that artificial intelligence (AI) stocks are overvalued. He warned that if a selloff occurs in artificial intelligence and tech stocks, Bitcoin could potentially fall below the $100,000 threshold, with altcoins likely to experience even steeper declines. When writing, Bitcoin managed to recover above the $103,000 mark. Yet, the leading crypto is still 18% below all-time high levels of $126,000 reached just days before the infamous market crash on October 10. Featured image from DALL-E, chart from TradingView.com
The Ethereum price dropped nearly 25% this quarter, slipping to lows around $3,099 before stabilizing around $3,300 amid broad market weakness and rising U.S.–China trade tensions. Related Reading: Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million – Here’s Why Data from Lookonchain revealed that three new wallets withdrew 4,920 ETH (worth $16.25 million) from Tornado Cash, a move coinciding with a 13% weekly price drop. Analysts linked the pattern to large-scale repositioning by whales, with some addresses previously associated with HEX founder Richard Heart, who reportedly transferred over 162,000 ETH ($619 million) into Tornado Cash earlier this year. Despite the sell-off, the Crypto Fear & Greed Index remained in “Extreme Fear” at 21/100, a sentiment level that historically aligns with market bottoms. Analysts at Santiment observed a sharp pivot in trader sentiment, noting that bullish commentary on ETH outnumbered bearish posts by nearly three to one. ETH's price trends to the downside on the daily chart. Source: ETHUSD chart on Tradingview Institutional Staking and ETF Inflows Offer a Glimmer of Strength Institutional data paints a more resilient picture. SharpLink, a Nasdaq-listed firm, generated $100 million in annualized yield through Ethereum staking after accumulating 859,853 ETH valued at $2.9 billion. The company’s success has fueled a new “productive ETH” narrative, positioning Ethereum as a yield-bearing treasury asset rather than a speculative one. Market strategist Kyle Reidhead described SharpLink’s yield as “a $100 million plus compounding revenue stream that works in all market conditions,” projecting Ethereum’s staking advantage over Bitcoin’s static balance sheet model. On-chain analysts expect similar strategies from firms like Bitmine, JPMorgan, and other institutional players following the SEC’s approval of ETH staking ETFs earlier this year. Meanwhile, U.S. spot ETH ETFs recorded $12.5 million in inflows on November 6, ending a six-day outflow streak and lifting total assets under management to $21.75 billion, about 5.4% of Ethereum’s market value. Technical Indicators Suggest a Potential Ethereum Price Rebound Toward $3,900–$5,000 From a technical standpoint, the Ethereum price is hovering around the $3,200–$3,350 support range, a zone many analysts, including Michaël van de Poppe, call a “prime accumulation area.” Momentum indicators such as the RSI (46) and MACD (negative but flattening) suggest bearish exhaustion. Looking ahead, traders are eyeing the upcoming Fusaka upgrade, set for December 3, 2025, which introduces PeerDAS (Peer Data Availability Sampling) to improve data throughput and scalability. If ETH reclaims the $3,900 resistance, analysts project a recovery path toward $5,000 by year-end, supported by a decline in exchange supply and renewed institutional demand. Related Reading: XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05 As staking yields and ETF inflows strengthen Ethereum’s fundamentals, market participants increasingly see the current correction as a potential springboard for a Q4 rally rather than a prolonged downturn. Cover image from ChatGPT, ETHUSD chart from Tradingview
Ethereum price started a fresh decline from $3,480. ETH is struggling to recover and is now at risk of another decline below $3,250. Ethereum started another bearish wave after it settled below $3,450. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $3,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,250. Ethereum Price Dips Again Ethereum price failed to stay in a positive zone and started a fresh decline from $3,480, like Bitcoin. ETH price declined below $3,420 and $3,400. It seems like the bears defended the 50% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. There is also a new bearish trend line forming with resistance at $3,380 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,350 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,350 level. The next key resistance is near the $3,380 level and the trend line. The first major resistance is near the $3,480 level. A clear move above the $3,480 resistance might send the price toward the $3,580 resistance and the 61.8% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. An upside break above the $3,580 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,675 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,380 resistance, it could start a fresh decline. Initial support on the downside is near the $3,250 level. The first major support sits near the $3,220 zone. A clear move below the $3,220 support might push the price toward the $3,150 support. Any more losses might send the price toward the $3,050 region in the near term. The next key support sits at $3,020 and $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,250 Major Resistance Level – $3,380
Ethereum is attempting to regain stability after the sharp selloff on Tuesday that sent its price plunging below $3,100. The drop triggered widespread liquidations across the crypto market, with ETH briefly touching multi-week lows before finding support. As of today, bulls are trying to reclaim the $3,350 level, a short-term resistance zone that could determine whether the asset stages a broader recovery or faces another leg down. Related Reading: ‘Bitcoin $100K Break Was Emotional’ – On-Chain Data Shows No Structural Damage Despite the volatility, on-chain data reveals a different story beneath the surface. Large investors — often referred to as whales — have continued to accumulate ETH, signaling long-term confidence in the network’s fundamentals. Their steady buying activity stands in stark contrast to the broader market’s fear-driven behavior, suggesting that major holders view the recent correction as a buying opportunity rather than a reversal. Historically, whale accumulation during deep pullbacks has often preceded strong rebounds, as institutional and long-term capital step in while retail sentiment weakens. The challenge now lies in whether Ethereum can maintain momentum above key technical levels, especially as overall market confidence remains fragile. If buying pressure continues to build, ETH could find the foundation for a sustained recovery heading into mid-November. Whales Accumulate ETH, Hinting at Impulsive Move Ahead According to Lookonchain, Ethereum whales have collectively accumulated 394,682 ETH, worth approximately $1.37 billion, over the past three days. This wave of large-scale buying comes as prices consolidate below $3,400, signaling that deep-pocketed investors are positioning ahead of a potential market rebound. Such aggressive accumulation often indicates smart money confidence in future upside potential. Historically, when whales buy during periods of widespread fear and weak price action, it suggests they are anticipating an impulsive phase — a sharp move driven by renewed liquidity and market sentiment recovery. The scale and speed of this accumulation reinforce the idea that these entities expect Ethereum to outperform once selling pressure fades. This trend also aligns with broader market behavior seen after major liquidations, where institutional players tend to absorb supply from shaken-out traders. If ETH holds above its key support around $3,100, the combination of whale accumulation, improving on-chain inflows, and reduced leverage could act as the catalyst for a breakout toward the $3,600–$3,800 range. Related Reading: Anti-CZ Whale Flips Bullish: Now Long $109M In Ethereum While Holding Massive Meme Shorts ETH Finds Support at 200-Day MA Ethereum’s daily chart shows that the asset has found temporary relief after Tuesday’s sharp selloff, which dragged prices below $3,100 for the first time in weeks. The decline brought ETH down to test its 200-day moving average (red line) — a key long-term dynamic support that historically acts as a springboard during corrective phases. Currently, Ethereum is trading around $3,380, showing signs of a modest rebound. However, bulls face immediate resistance near the $3,500–$3,600 range, where the 50-day (blue) and 100-day (green) moving averages converge. This area has repeatedly rejected upward moves since late October and will likely define short-term direction. Related Reading: Balancer Hacker Now Converting Loot to Ethereum: Stolen Funds Surge To $116.6M A decisive break above these averages could shift momentum back in favor of the bulls, opening the door for a recovery toward $3,800. On the downside, a failure to hold above the 200-day MA may trigger further weakness toward $3,000 or even $2,850, where previous demand zones exist. Featured image from ChatGPT, chart from TradingView.com
Reports have disclosed that crypto entrepreneur and Tron founder Justin Sun moved a sizable amount of Ethereum into a liquid-staking service this week. Related Reading: Everyone’s Giving Up On Bitcoin? Crypto Exec Says That’s Exactly Why It Will Rise According to on-chain data, about 45,000 ETH — worth roughly $154.5 million at the time — was shifted from the lending protocol Aave into the Lido Finance staking pool. The transfer was public and traceable on the blockchain. It drew quick attention because of its scale and timing. Sun’s Public Wallets Grow The funds had been sitting on Aave before the move. They were then deposited into Lido, which issues staked-ETH tokens that let holders keep a form of liquidity while their ETH is staked. Based on reports, Sun’s public wallets now show around $534 million in ETH holdings. That figure has reportedly surpassed his holdings in TRON’s native token, TRX, which are estimated near $519 million. Market watchers say the swap signals a shift in how some big holders are allocating capital. JUSTIN SUN JUST STAKED OVER $150M OF ETH [ARKHAM INSIGHTS] Justin Sun just withdrew $154.5M of ETH (45,000 ETH) from AAVE and deposited it to Lido Staking. He currently holds $534M of ETH in his public wallets, even more than he holds in TRX ($519M). We found this through… pic.twitter.com/rwU3H5uIKu — Arkham (@arkham) November 5, 2025 Bigger Stakes, Bigger Questions Analysts reacted fast. Some see the action as a vote of confidence in ETH’s yield options and protocol security. Others raised the point that large sums routed into single liquid-staking providers can add to centralization risks on the network. Price remains unpredictable. Also, staking carries its own risks — smart contract bugs, validator downtime, and slashing events are possibilities that investors must weigh. Market Context And Price Action Based on reports, ETH was trading near $3,389 when this movement was noted. The token had slipped about 12% in the previous week, which makes big staking flows more visible because large buys or internal transfers stand out against falling prices. Related Reading: Bitcoin’s Grip Holds — But Signs Of Weakness Are Piling Up: Analyst In the broader crypto landscape, institutional and whale moves into staking have been increasing over the past months. Lido remains one of the largest liquid-staking providers, and its market share is watched closely by both traders and protocol researchers. Signals Versus Motive Actions by the Tron boss Sun could be long-term, aimed at yield, or at a broader portfolio shuffle. There is something notable in the transfer, but it is only a piece to a bigger picture— including holdings, trading, and trends beyond the broader indirect markets. Featured image from Unsplash, chart from TradingView
Ethereum price started a fresh decline below $3,500. ETH is attempting to recover from $3,050 but faces resistance near $3,500. Ethereum started another bearish wave after it settled below $3,550. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,410 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,320. Ethereum Price Faces Resistance Ethereum price failed to stay in a positive zone and started a fresh decline below $3,500, like Bitcoin. ETH price declined below $3,450 and $3,350 to enter a bearish zone. The decline gained pace below $3,250. Finally, the bulls appeared near $3,050. A low was formed at $3,058 and the price recently started a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. Besides, there was a break above a bearish trend line with resistance at $3,410 on the hourly chart of ETH/USD. However, the bears remained active below $3,500 and the 50% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. Ethereum price is now trading below $3,400 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,450 level. The next key resistance is near the $3,480 level. The first major resistance is near the $3,500 level. A clear move above the $3,500 resistance might send the price toward the $3,550 resistance. An upside break above the $3,550 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,740 resistance zone or even $3,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,480 resistance, it could start a fresh decline. Initial support on the downside is near the $3,320 level. The first major support sits near the $3,260 zone. A clear move below the $3,260 support might push the price toward the $3,150 support. Any more losses might send the price toward the $3,050 region in the near term. The next key support sits at $3,020 and $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,260 Major Resistance Level – $3,500
Data shows sentiment around Bitcoin and Ethereum has plummeted on social media, but XRP and other altcoins are just observing apathy. Social Media Traders Have Turned Bearish On Bitcoin & Ethereum In a new insight post, on-chain analytics firm Santiment has talked about how sentiment around cryptocurrencies has changed on social media following the latest market crash. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us how bullish sentiment compares against the bearish one on the major social media platforms. Related Reading: Altcoin Winter Here? Ethereum, Solana Activity Plunges The metric works by going through social media posts/messages/threads to separate them into positive and negative using a machine-learning model. Once the posts have been divided, it counts up the number in each category and takes the ratio between them. First, here is a chart that shows the trend in the Positive/Negative Sentiment for Bitcoin over the last few months: As shown in the graph above, Bitcoin Positive/Negative Sentiment has recently plunged, suggesting bearish sentiment has risen on social media platforms. The current value of the indicator is the third lowest for the past six months. Interestingly, the two instances with lower levels coincided with local bottoms for the cryptocurrency. This pattern of the asset going against the crowd opinion has actually been witnessed regularly throughout its history. Considering this, the shift to a negative sentiment on social media may turn out to be a bullish signal for the BTC price. Bitcoin isn’t the only cryptocurrency that’s witnessing a surge in bearish sentiment right now. As Santiment has pointed out, Ethereum has also seen a similar trend in the Positive/Negative Sentiment. In fact, the negative comments have been even more intense for Ethereum, as the current value is the second lowest for the last six months. “Only the flash crash back on October 10th, when Trump temporarily threatened 100% tariffs on China, saw a higher level of bearish vs. bullish comments,” noted the analytics firm. Interestingly, while Bitcoin and Ethereum have seen this development, most other assets in the sector are showing a different trend. Below is a chart that shows how the Positive/Negative Sentiment currently looks for XRP, the coin ranked fourth by market cap. From the graph, it’s apparent that the indicator is sitting at a neutral level for XRP, implying social media users aren’t leaning one way or the other, despite the volatility. Related Reading: CryptoQuant Head Reveals Reason Behind Bearish Bitcoin Trend “Unlike the top two marketcaps in crypto, XRP is showing what most other altcoins are showing… a surprising level of disinterest,” said Santiment. “It’s clear that most of retail has shifted their focus to just talking about BTC (and ETH, to a slightly lesser extent).” BTC Price At the time of writing, Bitcoin is trading around $102,600, down more than 9% over the last week. The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, Santiment.net, chart from TradingView.com
Swiss banking giant UBS has taken a major step toward institutional blockchain by completing its first live tokenized fund transaction on the Ethereum network, a landmark demonstration of blockchain’s real-world utility. By bringing fund operations into blockchain rails, UBS demonstrates how tokenization can eliminate settlement friction, improve transparency, and expand access to digital asset markets. How Institutional Adoption Of Ethereum Is Accelerating In the echelons of global finance and true innovation, UBS, the legendary Swiss banking giant, has announced the completion of the first live tokenized fund transaction on the Ethereum blockchain. According to CryptoGucci’s post on X, UBS has achieved the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA). This agreement marks a milestone in blockchain infrastructure for the $100 trillion fund industry. Related Reading: Ethereum Demand Climbs As Monthly Transactions Hit New All-Time High The transaction involved the tokenized UBS USD Money Market Investment Fund Token (uMINT) on the ETH blockchain. This achievement is engineered to drive unprecedented operational efficiencies and unlock new possibilities for product composability within the traditionally rigid fund industry. Meanwhile, UBS’s proprietary tokenization platform is leading this charge, a platform designed to automate key functions. As articulated by Mike Dargan, UBS Chief Operating Officer and Technology Officer, this transaction represents a key milestone in how smart contract-based technologies and advanced technical standards are poised to enhance fund operations and the investor experience. Ethereum is entering a new era of a super-cycle, where the current price of ETH does not reflect the monumental improvements in its fundamental infrastructure over the past several months. A full-time stock investor and trader, known as StockTrader_Max, has noted that the current situation won’t last much longer, due to the 8-year historical chart of ETH. It also shows that the ETH uptrend over the past 5 years has been in a consolidation phase that’s likely nearing its end. However, this breakout won’t emerge before the end of 2025. Those traders and investors who are patient will benefit exponentially from the super-cycle that is inevitably approaching. This breakout will occur as Wall Street and the broader financial industry adopt the blockchain space and start building on ETH. The Repo Market Just Flashed A Signal Co-founder of weRate_Official, Host of CoinCompassHQ, and bestselling author at Forbes 30U30, Quinten Francois, has revealed that the repo market had just broken. The Federal Reserve just executed an overnight repo operation, injecting a staggering $29.4 billion into the banking system, which is the biggest since the chaos of 2020. Related Reading: Ethereum Emerges As The Sole Trillion-Dollar Institutional Store Of Value — Here’s Why In 2019, this exact scenario triggered an emergency liquidity injection of $255 billion, followed by $6 trillion in Quantitative Easing (QE) after the COVID pandemic conveniently appeared. “Ignore the noise, because this is how every major liquidity cycle begins,” Francois mentioned. Featured image from iStock, chart from Tradingview.com
The crypto market faced a violent downturn, with Ethereum breaking below the $3,100 level while Bitcoin lost the critical $100,000 mark, triggering widespread liquidation and fear-driven selling. Panic quickly rippled across the market, and sentiment flipped sharply bearish as traders rushed to reduce exposure, price targets vanished from social media, and risk assets saw a cascade of exits. In moments like these, emotions often outweigh fundamentals — and this week was a clear reminder of that dynamic. Related Reading: Balancer Hacker Now Converting Loot to Ethereum: Stolen Funds Surge To $116.6M However, even in periods of sharp fear, not all market participants behave the same. Some notable players have begun shifting their stance, hinting that strategic positioning may already be underway beneath the panic. Among them is the well-known Anti-CZ Whale — a trader who gained attention after aggressively shorting ASTER immediately following Changpeng Zhao’s public post announcing he bought ASTER. That trade paid off massively as ASTER surged briefly and then retraced sharply, delivering this whale tens of millions in unrealized profit. Now, in a notable shift, this trader has flipped from shorting Ethereum to going long, signaling renewed conviction despite the market’s emotional breakdown. As fear peaks, sophisticated players may already be preparing for the next phase — raising the question: is this capitulation… or opportunity? Whale Rotates Into ETH Long as Market Panic Peaks According to Lookonchain, the well-known Anti-CZ Whale has executed a notable portfolio shift, flipping from shorting Ethereum to taking a long position worth 32,802 ETH (~$109 million). Now, the whale is maintaining a 58.27M ASTER short (~$59.7M), signaling conviction that ASTER’s weakness may continue despite recent volatility. Alongside this, the whale holds a 1.99B kPEPE short (~$11.3M), a bet against speculative memecoin flows during uncertainty. Meanwhile, a small 130,566 DOGE long (~$21.5K) appears more symbolic than directional, likely serving as a hedge or sentiment gauge rather than a major conviction play. The standout move is clearly the ETH long, signaling the whale views Ethereum’s drop below $3,100 as oversold rather than structurally bearish. Taking such a position during peak fear suggests an expectation of recovery once forced liquidations cool and liquidity stabilizes. While broader sentiment remains fragile, this shift implies sophisticated capital may already be positioning for an eventual rebound — reinforcing ETH’s role as a core asset even amid aggressive market stress. Related Reading: Anti-CZ Whale Scores Nearly $100M On ASTER And Altcoin Shorts As Market Sells Off ETH Price Technical Outlook: Testing Key Support as Panic Selling Eases Ethereum is attempting to stabilize after a steep breakdown below the $3,500 region, with price now reacting around the $3,300 zone. This level aligns closely with the 200-day moving average (red line), making it a critical support area for bulls to defend. The recent candle structure shows heavy volatility and high sell-side volume, confirming panic-driven liquidations as the primary force behind the move — rather than a fundamental shift in trend. The aggressive flush followed a series of lower highs throughout October, signaling weakening momentum before the breakdown. The 50-day and 100-day moving averages (blue and green) are trending down and currently overhead, adding pressure and reinforcing the short-term bearish structure. A recovery above the 50-day MA would be an early sign of strength, but Ethereum must reclaim the $3,500 zone to regain bullish control. Related Reading: Whale Piles Into ASTER Shorts After CZ’s Comment – $52.8M On the Line Volume has spiked dramatically, suggesting capitulation behavior — often near cycle pivot points. The wick near $3,150 hints that buyers stepped in aggressively at lows, consistent with accumulation dynamics observed among sophisticated traders. If ETH holds above the 200-day MA and builds a base here, it could set up a relief rally. A sustained break below $3,150, however, risks further downside toward $2,900 as liquidity pockets remain thin below current levels. Featured image from ChatGPT, chart from TradingView.com
On Tuesday, the Ethereum price fell by 8%, following the overall correction in the cryptocurrency market and even outperforming Bitcoin’s (BTC) dip. This has sparked concerns as ETH nears important support levels, putting its $3,000 mark at danger. October Events Lead To Significant Corrections Ram Ahluwalia, the chief investment officer at Lumida Wealth, recently noted that the roots of this latest crypto sell-off can be traced back to the Federal Reserve’s (Fed) October meeting. Related Reading: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000 On October 29, the central bank announced its second interest-rate cut of the year. However, during the subsequent press conference, Fed Chair Jerome Powell expressed uncertainty about the possibility of another reduction in December. According to Ahluwalia’s analysis, this has been detrimental to Bitcoin and the overall crypto market, as lower interest rates typically bolster speculative assets like cryptocurrencies. Adding to the ongoing Ethereum price correction, mid-October saw US President Donald Trump announce new tariffs on China due to its restrictions on rare earth exports. This announcement triggered a flight of investors from cryptocurrencies to safer assets such as gold. Ethereum Price Under Pressure From a technical perspective, analysts at The Birb Nest have highlighted key levels to watch. On social media platform X (formerly Twitter), they noted that the Ethereum price broke below a critical weekly support level, which they interpret as a major deviation until price action proves otherwise. They highlighted that a breakdown below the altcoin’s yearly open of $3,337 might push the Ethereum price to $2,800. For a positive reversal, they believe ETH must retake $4,000 and close above this level on a weekly basis. Related Reading: Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November Additionally, the ETH/BTC pairing is under scrutiny, with prices trading below the yearly open at 0.0355. To target a rise towards 0.04, reclaiming this level is essential. Until then, analysts are watching for potential retests around 0.0325–0.03. However, some experts, such as Ali Martinez, caution against overly optimistic projections. He warns of a worst-case scenario in which the Ethereum price fails to reclaim the $4,000 mark, and potentially drops to as low as $2,400 or even $1,700. A decline of this magnitude would mean an additional 45% increase for ETH, which could also lead to a deeper correction in the broader altcoin market. As of this writing, ETH is trading at $3,100. This represents a significant gap of 32% between the current trading prices and the all-time highs, which could not be re-tested before the end of the year unless a new recovery occurs before the weekly close. Featured image from DALL-E, chart from TradingView.com
On-chain data shows signs of an altcoin winter may be emerging as Ethereum, Solana, and other cryptocurrencies have seen a decline in activity. Altcoins Are Observing A Drop In On-Chain Activity In a new thread on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has talked about how interest in altcoins has been cooling off recently. Related Reading: CryptoQuant Head Reveals Reason Behind Bearish Bitcoin Trend The on-chain indicator of relevance here is the “Active Addresses,” which measures, as its name suggests, the total number of addresses that are participating in some kind of transaction activity on a given network every day. When the value of this metric rises, it means more users are making transfers on the blockchain. Such a trend implies trading interest in the cryptocurrency may be on the rise. On the other hand, the indicator witnessing a decline suggests investors may be shifting their attention elsewhere as they are reducing their transaction activity on the network. Now, here is a chart that shows the trend in this indicator for Ethereum, the largest of the altcoins, over the last few years: As displayed in the above graph, the Ethereum Active Addresses metric was at a high of 589,000 in late July. Since then, activity on the network has gone downhill, with there now being 488,000 addresses making transactions, around 17% lower than the peak. “Fewer users interacting on ETH indicates weaker on-chain demand, a pattern seen in past bear-market phases,” explained Sentora. Solana, another prominent altcoin, has been showing a similar trend. How the monthly value of the Active Addresses has changed for SOL over the last few years | Source: Sentora on X From the chart, it’s clear that the monthly version of the Active Addresses witnessed a notable decline for SOL during Q3 2025. More specifically, active users on the blockchain dropped by about 30% in this period. “Solana has been the out-performer this cycle, but momentum is cooling,” noted the analytics firm. Memecoins have been hit hard in the recent market downturn, and the same has held true for their on-chain activity. Dogecoin, the largest meme-based token, has only witnessed a slight decrease in Active Addresses, but Pepe has gone through a drawdown of 85%. “This drop shows how quickly speculative user bases can evaporate,” said Sentora. Related Reading: Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000 Finally, the analytics firm has also highlighted that DeFi trading volume has started to trend down as well. The metric is still relatively strong compared to other cryptocurrency-related indicators, but a change in direction is apparent. With the crash in prices and downturn in on-chain activity, is the altcoin sector entering a season of winter? “It’s too early to tell but the current data echoes past cycles,” noted Sentora. “We are already 6+ months into an altcoin slowdown, with winter signs popping up.” Ethereum Price Ethereum has plunged alongside the rest of the market during the past day as its price has retraced to $3,300. Featured image from Dall-E, chart from TradingView.com
Ethereum price started a fresh decline below $3,550. ETH is struggling below $3,400 and might decline further if it stays below $3,500. Ethereum started another bearish wave after it failed to clear $3,650. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,200. Ethereum Price Dips Sharply Ethereum price failed to stay in a positive zone and started a fresh decline below $3,550, like Bitcoin. ETH price declined below $3,500 and $3,450 to enter a bearish zone. The decline gained pace below $3,350. Finally, the bulls appeared near $3,050. A low was formed at $3,058 and the price is now consolidating losses. There was a recovery wave above the 23.6% Fib retracement level of the recent decline from the $3,920 swing high to the $3,058 low. Ethereum price is now trading below $3,400 and the 100-hourly Simple Moving Average. If there is a decent increase, the price could face resistance near the $3,350 level. The next key resistance is near the $3,480 level and the 50% Fib retracement level of the recent decline from the $3,920 swing high to the $3,058 low. There is also a bearish trend line forming with resistance at $3,450 on the hourly chart of ETH/USD. The first major resistance is near the $3,500 level. A clear move above the $3,500 resistance might send the price toward the $3,550 resistance. An upside break above the $3,550 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,750 resistance zone or even $3,800 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,500 resistance, it could start a fresh decline. Initial support on the downside is near the $3,250 level. The first major support sits near the $3,200 zone. A clear move below the $3,200 support might push the price toward the $3,120 support. Any more losses might send the price toward the $3,050 region in the near term. The next key support sits at $3,020 and $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,200 Major Resistance Level – $3,500