Ethereum Market Update and Setup Monday 11/17/2025
- Nov 17, 2025
- 2 min read
Ethereum and ETHBTC are both trading slightly bullish, though most of this strength is coming from Bitcoin’s recent pullback rather than independent momentum.
ETHBTC is now approaching its daily lower-high trendline. A confirmed breakout above this trendline is critical. If that breakout occurs, ETHBTC should produce an impulsive rally, and Ethereum is likely to benefit from that move—unless Bitcoin experiences another wave of selling pressure, which remains possible in the current environment.
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