📉 ETH/USDT 30-Day Review | Nov 2, 2026
Ethereum has had a tough month. ETH/USDT dropped -16.15% over the past 30 days, sliding from ~$2,727 to $2,286 — with the period low touching $2,174.
📊 Moving Averages
• MA7: $2,289 — price is barely clinging below it
• MA25: $2,389 — acting as overhead resistance
• Bearish structure: MA7 is well below MA25, confirming the downtrend is intact
🔑 Key Levels
• Resistance: $2,390–$2,530 zone (MA25 + prior consolidation range)
• Support: $2,174 (30-day low) — a decisive breakdown here opens the door toward $2,100
• Immediate support: $2,233 (recent swing low)
⚖️ ETH vs BTC — ETH Continues to Underperform
BTC fell -9.98% over the same period, while ETH lost -16.15% — a 6.17% gap in relative weakness.
The ETH/BTC ratio slid from 0.03151 to 0.02935 (-6.86%), marking continued capital rotation out of ETH and into BTC.
🔍 Outlook
ETH remains in a clear downtrend with price, MA7, and MA25 all pointing lower. For any recovery to gain traction, ETH needs to reclaim $2,390 and flip MA25 into support. Until then, rallies remain sell opportunities in this environment. Watch the $2,174 floor — holding it is critical.
#Ethereum #ETH #ETHUSDT #CryptoMarket #Binance
Ethereum has had a tough month. ETH/USDT dropped -16.15% over the past 30 days, sliding from ~$2,727 to $2,286 — with the period low touching $2,174.
📊 Moving Averages
• MA7: $2,289 — price is barely clinging below it
• MA25: $2,389 — acting as overhead resistance
• Bearish structure: MA7 is well below MA25, confirming the downtrend is intact
🔑 Key Levels
• Resistance: $2,390–$2,530 zone (MA25 + prior consolidation range)
• Support: $2,174 (30-day low) — a decisive breakdown here opens the door toward $2,100
• Immediate support: $2,233 (recent swing low)
⚖️ ETH vs BTC — ETH Continues to Underperform
BTC fell -9.98% over the same period, while ETH lost -16.15% — a 6.17% gap in relative weakness.
The ETH/BTC ratio slid from 0.03151 to 0.02935 (-6.86%), marking continued capital rotation out of ETH and into BTC.
🔍 Outlook
ETH remains in a clear downtrend with price, MA7, and MA25 all pointing lower. For any recovery to gain traction, ETH needs to reclaim $2,390 and flip MA25 into support. Until then, rallies remain sell opportunities in this environment. Watch the $2,174 floor — holding it is critical.
#Ethereum #ETH #ETHUSDT #CryptoMarket #Binance