ETH Plummets 1.5%, Bearish Trend Emerges

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Recorded11 Nov 2025

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On November 11th, ETH experienced a significant drop, falling 1.5% to $3,576, as sellers took control, pushing the price down from $3,629 to $3,576. The trading range was $136, and selling volume surged by 138% above normal levels. ETH failed to break past the $3,646 resistance level, leading to a decisive break below the $3,590 support level, which had previously been a reliable demand zone. The price action shows a pattern of lower highs, with several attempts to recover. Technical factors, including momentum indicators flashing warning signs, drove the session, leading to a cascade of stop-loss orders and overwhelming recent institutional buying interest. The failure of the $3,590 support level marks a critical shift in the market structure for ETH buyers, with further downside testing expected before any lasting recovery.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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