Ethereum (ETHUSDT): Approaching a Major Turning Point

[ed]

HI!

Trend Structure
Since mid-October 2025, ETH has been trending inside a well-defined descending channel, forming consistent lower highs and lower lows. The break of the previous bullish trendline back in July 2025 confirmed the shift into a corrective phase.

Key Support Zone (S&D)
Price is now around $2,730 (Nov 2025) and heading toward the crucial $2,450–$2,300 S&D zone, a strong support area that held the market firmly between May and July 2025.

Expected Price Behavior
A final liquidity sweep toward $2,300–$2,200 is possible before any sustainable upside move. This aligns with the lower boundary of the descending channel.

Deeper Support (DP)
If this level fails, the next major demand sits at $1,950–$1,800, last touched in March 2025.

[Nahid Hossen]

ETH is squeezing toward a major decision level — volatility ahead for sure.