📉 ETH/USDT 30-Day Market Review | Oct 11 – Nov 9, 2026

Ethereum has had a rough 30 days, falling -16.67% from $2,537 to $2,114 — underperforming Bitcoin, which dropped -11.21% over the same period. The ETH/BTC ratio slid from 0.03028 to 0.02842, a -6.15% decline, signaling continued capital rotation toward BTC dominance.

📊 Key Levels:
• 30d High: $2,580 | 30d Low: $2,060
• MA7: $2,237 (below MA25: $2,320) → Bearish crossover in effect
• Resistance zone: $2,450–$2,580 (Nov 4 spike & Oct highs)
• Immediate support: $2,083–$2,060 (recent lows touched Nov 8–9)

🔍 Trend Breakdown:
ETH peaked early in the period near $2,580 before rolling over into a sustained downtrend through late October. A brief recovery attempt on Nov 4 (high: $2,450) failed to hold, and selling pressure accelerated sharply on Nov 8, pushing price through $2,174 support and tagging a 30d low of $2,060.

With MA7 now trading well below MA25 and price unable to reclaim the $2,237 level, the path of least resistance remains lower. Bulls need to defend the $2,060–$2,083 base — a break here opens the door to $1,900–$1,950.

Watch the $2,300–$2,320 zone as the key level to flip for any meaningful recovery.

#Ethereum #ETH #CryptoTrading #Binance