Ethereum Price Prediction: ETH Dropped 7.3% This Week Following BTC’s Nose Dive – What Do the Whales Do?
2025-11-15 21:15
Ethereum is heading into a critical technical phase after sliding 7.3% this week, tracking Bitcoin’s broader market selloff. With ETH now sitting just above a major support cluster, traders are asking the same question: Is this a breakdown in progress, or the start of a deeper accumulation phase driven by long-term holders? ETH Slips as Trendline Break Alters Market Structure Ethereum broke below its multi-month ascending trendline earlier this week, ending a structure that had supported every corrective move since spring. The failure to reclaim the breakdown zone near $3,500 has kept the market defensive, and the descending trendline that has guided price since October continues to cap every attempt at recovery. The daily chart reinforces the shift in tone. ETH was rejected cleanly off the 20-EMA, which has now rolled downward and is acting as dynamic resistance. Momentum indicators echo the weakness: the RSI is pinned near 34, sitting...
