📊 ETH/USDT 30-Day Market Review — November 4, 2026
Ethereum has endured a rough 30-day stretch, shedding -13.64% from $2,697 to $2,329. The bearish structure remains intact — the MA7 ($2,270) is trading well below MA25 ($2,372), confirming a sustained downtrend with no golden cross in sight.
🔴 Trend Overview:
ETH broke below the key $2,400 support mid-period and failed to reclaim it, accelerating losses toward a 30-day low of $2,174. The latest 7-day rebound (+3.4% to $2,329) offers a glimmer, but price is still capped by the descending MA25.
📌 Key Levels to Watch:
• Resistance: $2,350–2,390 (MA cluster) | $2,500–2,530 (major ceiling)
• Support: $2,174–2,226 (30-day floor) — a break here opens the door to sub-$2,100
⚖️ ETH vs BTC — ETH Loses Ground:
BTC pulled back -8.24% over the same period, a significantly smaller loss. The ETH/BTC ratio fell from 0.03153 to 0.02968 (-5.88%), meaning ETH underperformed Bitcoin by roughly 5.4 percentage points. Capital rotation favored BTC dominance throughout October.
🔮 What to Watch:
For a trend reversal, ETH needs a decisive close above MA25 (~$2,372) on strong volume, and the ETH/BTC ratio must stabilize above 0.0300. Until then, the path of least resistance remains sideways-to-down.
#Ethereum #ETH #Binance #TechnicalAnalysis #Crypto
Ethereum has endured a rough 30-day stretch, shedding -13.64% from $2,697 to $2,329. The bearish structure remains intact — the MA7 ($2,270) is trading well below MA25 ($2,372), confirming a sustained downtrend with no golden cross in sight.
🔴 Trend Overview:
ETH broke below the key $2,400 support mid-period and failed to reclaim it, accelerating losses toward a 30-day low of $2,174. The latest 7-day rebound (+3.4% to $2,329) offers a glimmer, but price is still capped by the descending MA25.
📌 Key Levels to Watch:
• Resistance: $2,350–2,390 (MA cluster) | $2,500–2,530 (major ceiling)
• Support: $2,174–2,226 (30-day floor) — a break here opens the door to sub-$2,100
⚖️ ETH vs BTC — ETH Loses Ground:
BTC pulled back -8.24% over the same period, a significantly smaller loss. The ETH/BTC ratio fell from 0.03153 to 0.02968 (-5.88%), meaning ETH underperformed Bitcoin by roughly 5.4 percentage points. Capital rotation favored BTC dominance throughout October.
🔮 What to Watch:
For a trend reversal, ETH needs a decisive close above MA25 (~$2,372) on strong volume, and the ETH/BTC ratio must stabilize above 0.0300. Until then, the path of least resistance remains sideways-to-down.
#Ethereum #ETH #Binance #TechnicalAnalysis #Crypto