Ethereum Market Update and Setup Tuesday 11/04/2025
- Nov 4, 2025
- 2 min read
Ethereum remains in a bearish trend, while ETHBTC is trading indecisively.
ETHBTC continues to respect its daily lower-high trendline, and a confirmed breakout above this structure would open the door for an impulsive move toward 0.040 BTC, which would strengthen Ethereum’s broader outlook.
Ethereum is currently testing the $3,550 daily support zone. A breakdown below this level could extend the decline toward the $2,800 daily support, especially if Bitcoin continues to show weakness and panic-driven volatility.
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