Technical analysis by John_Isige about Symbol ETH on 11/25/2025

The ETH/USD pair continues to extend its medium-term downtrend as it retraces toward the long-term bullish structure. Last week, the price broke below the descending channel, reaching the July lows near 2620.00. Although Ethereum has recovered part of the decline, the overall trend remains bearish — confirmed by: • Bollinger Bands turning downward • MACD stabilizing in negative territory A meaningful bullish reversal will only become possible if ETH breaks above the 3437.50–3540.00 resistance cluster (Murray [3/8], 38.2% Fibonacci). A breakout would open the way toward: • 4062.50 — Fib 23.6%, Murray [5/8] • 4687.50 — Murray [7/8] • 5000.00 — Murray [8/8] On the downside, the key support area for bears is 2812.50–2720.00 (Murray [1/8], Fib 61.8%). A confirmed move below this zone increases the probability of a deeper decline toward: • 2187.50 — Murray [–1/8] • 1875.00 — Murray [–2/8] On the weekly timeframe, the price is pressing against the lower Bollinger Band, which is flattening — allowing for a corrective bounce but still favoring the continuation of the downtrend. ⸻ Support and Resistance Resistance: 3540.00, 4062.50, 4687.50, 5000.00 Support: 2720.00, 2187.50, 1875.00 ⸻ ETH Trading Scenarios 📉 Primary Scenario — SELL STOP • Entry: 2700.00 • Take Profit: 2187.50, 1875.00 • Stop Loss: 3100.00 • Timeframe: Weekly • Bias: Bearish continuation below key support 📈 Alternative Scenario — BUY STOP • Entry: 3570.00 • Take Profit: 4062.50, 4687.50, 5000.00 • Stop Loss: 3240.00 • Bias: Bullish reversal above major resistance