Ethereum

Altcoin

Reversal

<p><span style="font-weight: 400;">Ethereum (ETH) is showing renewed strength after reclaiming the $3,400 level, with multiple analysts suggesting a potential breakout in the coming week. According to chart analyst Daan Crypto Trades, the $3,365 zone, which aligns with August’s local low, is acting as crucial support. If this level holds, bulls may drive a short-term recovery toward the $3,500–$3,600 range.</span></p>
<p><span style="font-weight: 400;">Ethereum is currently trading around $3,442, consolidating along a rising trendline visible in intraday charts. Analyst Altcoin Gordon noted that ETH’s hourly structure “looks ready to go vertical,” signaling a buildup of momentum as sellers weaken.</span></p>
<blockquote class="twitter-tweet">
 <p><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> on the hourly looks like it wants to go vertical.</p>
 <p>Next week will be HUGE. <a href="https://t.co/Kybrpkr3oR" rel="noopener noreferrer nofollow">pic.twitter.com/Kybrpkr3oR</a></p>
 <p>— Gordon (@AltcoinGordon) <a href="https://twitter.com/AltcoinGordon/status/1987508280336249014?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 9, 2025</a></p>
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<h3 id="span-style-font-weight-400-3-500-as-a-key-reversal-zone-span"><span style="font-weight: 400;">$3,500 as a Key Reversal Zone</span></h3>
<p><span style="font-weight: 400;">Daan Crypto highlights $3,500 as the next critical resistance to reclaim. A successful move above this level could allow ETH to fill the inefficiency gap formed during its sharp correction earlier this month. On the flip side, a break below $3,365 could push the price back toward the $3,100–$3,200 range, marking another liquidity test near prior lows.</span></p>
<p><img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/11/G5T9QzBXkAAUcXf.jpeg" alt="" width="1199" height="761"></p>
<p><span style="font-weight: 400;">Historically, such structural recoveries have preceded strong rallies in Ethereum, especially when accompanied by low volatility and declining sell pressure, both present in current market conditions.</span></p>
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<h3 id="span-style-font-weight-400-market-outlook-sideways-or-setup-for-breakout-span"><span style="font-weight: 400;">Market Outlook: Sideways or Setup for Breakout?</span></h3>
<p><span style="font-weight: 400;">While the broader crypto market remains cautious following Bitcoin’s pullback toward $102,000, Ethereum’s rising trendline suggests gradual accumulation. Trading volume remains moderate, and derivatives funding rates have normalized, both signs of a cooling speculative environment.</span></p>
<p><span style="font-weight: 400;">If ETH successfully breaks above $3,500 with sustained volume, the next target zone sits around $3,800–$3,950, near the previous cycle’s range high. For now, analysts agree: Ethereum’s next week could define its path into year-end.</span></p>
<p>The post <a href="https://www.ethnews.com/ethereum-eyes-3500-recovery-as-bulls-defend-key-support-analysts-predict-vertical-move-ahead/" rel="noopener noreferrer nofollow">Ethereum Eyes $3,500 Recovery as Bulls Defend Key Support – Analysts Predict ‘Vertical’ Move Ahead</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Ethereum Eyes $3,500 Recovery as Bulls Defend Key Support – Analysts Predict ‘Vertical’ Move Ahead

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