NewsBTC
Nov 21, 2025
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Ethereum Faces Potential 10% Recovery Before Bearish Trend Resumes

Ethereum's price has been on a downward trend since the market crash on October 10, falling below $3,000 at the start of the week. Analysts suggest a potential short-term recovery:

  • Ethereum experienced a 27.50% decline in its bearish trend.
  • A possible "dead cat bounce" could see prices rise by over 10%, reaching $3,400.
  • The 1-Day RSI shows higher lows, indicating a temporary bullish signal.

Despite potential short-term gains, the overall trend remains bearish:

  • The $3,400 resistance level coincides with the 1-Day MA50, previously leading to a significant drop.
  • A sharp decline could follow as bears regain control, possibly pushing Ethereum below $3,000.
  • Expected support may form around $2,650, marking a new lower low.

Ethereum price

This bearish scenario is anticipated to unfold from late November to early December.