📉 ETH/USDT 30-Day Analysis | Oct 14 – Nov 12, 2026
ETH has had a rough month, sliding from $2,421 to $2,021 — a 16.5% drop that meaningfully underperformed BTC (-10.7%) over the same period. The ETH/BTC ratio fell ~6.5%, from 0.02965 to 0.02773, confirming ETH weakness relative to the market leader.
📊 Technical Snapshot
• MA7: $2,124 | MA25: $2,277
• Price is trading below both MAs — bearish structure intact
• MA7 crossed below MA25 (death cross confirmed)
• 7-day decline: -9.7% — selling pressure accelerating
🔴 Key Resistance: $2,450 – $2,530 (early Oct highs)
🟢 Key Support: $2,000 – $2,060 (30-day lows, now being tested)
⚠️ ETH is currently testing the critical $2,000–$2,060 support band. A clean hold here would be the first sign of stabilization. A break below $2,000 opens the door to deeper downside.
The bounce window is narrow. Watch for volume confirmation at support before considering any reversal.
#ETH #Ethereum #CryptoAnalysis #Binance #TechnicalAnalysis
ETH has had a rough month, sliding from $2,421 to $2,021 — a 16.5% drop that meaningfully underperformed BTC (-10.7%) over the same period. The ETH/BTC ratio fell ~6.5%, from 0.02965 to 0.02773, confirming ETH weakness relative to the market leader.
📊 Technical Snapshot
• MA7: $2,124 | MA25: $2,277
• Price is trading below both MAs — bearish structure intact
• MA7 crossed below MA25 (death cross confirmed)
• 7-day decline: -9.7% — selling pressure accelerating
🔴 Key Resistance: $2,450 – $2,530 (early Oct highs)
🟢 Key Support: $2,000 – $2,060 (30-day lows, now being tested)
⚠️ ETH is currently testing the critical $2,000–$2,060 support band. A clean hold here would be the first sign of stabilization. A break below $2,000 opens the door to deeper downside.
The bounce window is narrow. Watch for volume confirmation at support before considering any reversal.
#ETH #Ethereum #CryptoAnalysis #Binance #TechnicalAnalysis