Ethereum Market Update and Setup Thursday 11/06/2025
- Nov 6, 2025
- 1 min read
Both Ethereum (ETH) and ETHBTC are trading with indecisive candles.
ETHBTC is currently holding around the 0.0325 BTC support level. A clear bullish reversal from this area followed by a breakout above the daily lower-high trendline would likely trigger a stronger upside rally and support broader market strength in Ethereum.
Ethereum is now trading near the $3,550 resistance zone. A confirmed breakout above this level would open the path toward $4,250, while a rejection could result in extended sideways volatility, with $2,800 acting as the next major daily support.
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