
{"id":113951,"date":"2025-11-18T16:09:33","date_gmt":"2025-11-18T16:09:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113951"},"modified":"2025-11-18T16:09:33","modified_gmt":"2025-11-18T16:09:33","slug":"ethereum-price-analysis-eth-tests-crucial-support-amid-rising-selling-pressure","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113951","title":{"rendered":"Ethereum Price Analysis: ETH Tests Crucial Support Amid Rising Selling Pressure"},"content":{"rendered":"<p>Ethereum has extended its decline toward a critical higher-timeframe demand zone around $3K. While the broader trend remains pressured, the current location aligns with major liquidity pools and potential areas of interest for large players.<\/p>\n<p>A decisive reaction here will determine whether ETH enters a relief phase or continues to deepen toward macro demand levels.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>By Shayan<\/p>\n<h3>The Daily Chart<\/h3>\n<p>Ethereum continues to drift lower within a broad descending structure, steadily approaching the $3K\u2013$3.05K demand block that previously acted as the springboard for the July\u2013August rally. This area also aligns closely with the lower boundary of the falling wedge, a pattern typically associated with late-correction phases rather than trend initiation.<\/p>\n<p>The failure to reclaim the 100-day moving average near $3.8K triggered a sustained selloff, with the 200-day MA now positioned above price for the first time since early summer. This shift reflects weakening medium-term momentum, but the clustering of confluence factors around the $3K zone suggests that sellers may soon face diminishing dominance.<\/p>\n<p>The current daily candle bodies remain compressed, with extended wicks to the downside, indicating absorption near the demand threshold. Should Ethereum stabilise and form a higher low structure within this region, a corrective phase toward $3.4K\u2013$3.55K becomes plausible. However, a daily close below $2.95K would invalidate the wedge support and expose the broader $2.6K\u2013$2.7K macro demand zone.<\/p>\n<h3>The 4-Hour Chart<\/h3>\n<p>On the lower timeframe, Ethereum is moving inside a clearly defined descending channel, with each successive lower high showing weakening volatility. The most recent swing low penetrated beneath the mid-channel liquidity cluster before sharply reversing, a classic liquidity sweep that often precedes short-term relief rallies.<\/p>\n<p>The $3K\u2013$3.1K level has now been tested multiple times, forming a near-textbook reaction zone where algorithmic activity is typically concentrated. Above price sits a newly created imbalance window at $3.25K\u2013$3.33K, which may act as a magnet should buyers engineer a corrective push.<\/p>\n<p>Nevertheless, the structure remains firmly bearish until Ethereum can reclaim the channel midline near $3.35K. Failure to do so would maintain the downward drift and increase the probability of probing deeper into the liquidity band closer to $2.9K.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/ETH-4H-2-1.jpg\"><\/a><\/p>\n<h2>Onchain Analysis<\/h2>\n<p>By Shayan<\/p>\n<p>The Ethereum Futures Average Order Size chart reveals an important behavioural shift beneath the surface of the recent decline. During the latest pullback from $4.1K down to the $3K region, the order flow composition transitioned toward a cluster of smaller retail-driven orders, while large-size executions have noticeably thinned.<\/p>\n<p>This configuration appears similar to previous phases where retail capitulation formed near-cycle lows and larger market participants accumulated during structurally discounted price zones. Although there is not yet a clear surge in whale-sized futures orders, the absence of aggressive selling from big hands suggests that the current downturn may reflect forced-liquidation pressure more than deliberate institutional distribution.<\/p>\n<p>This interpretation aligns with the futures liquidation heatmap, which shows a dense band of liquidations absorbed around $3K. Historically, such concentrated wipeouts often precede at least a temporary structural recovery as excess leverage is cleared.<\/p>\n<p>If Ethereum can defend the current demand region and spot flows begin to reflect larger-size orders, the setup would resemble the early formation of a base before a broader corrective upswing. However, if this region breaks decisively, the next meaningful liquidity concentration lies significantly lower, implying that the market has not yet concluded its deleveraging phase.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-price-analysis-eth-tests-crucial-support-amid-rising-selling-pressure\/\">Ethereum Price Analysis: ETH Tests Crucial Support Amid Rising Selling Pressure<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum has extended its decline toward a critical higher-timeframe demand zone around $3K. While the broader trend remains pressured, the current location aligns with major liquidity pools and potential areas of interest for large players. A decisive reaction here will determine whether ETH enters a relief phase or continues to deepen toward macro demand levels. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":113952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113951"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113951"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/113952"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}