Ethereum $ETH real-time trend analysis ( November 17, 2025 )

Current price range: $3100—3200, with relatively stable fluctuations.

Support/Resistance Levels

• Strong Support: $3000-3050( Recent Low )

• Strong resistance: $3250-3300

K-line pattern

• 1-hour candlestick: small bullish/small bearish alternation, no obvious trend

• 4-hour K-line: MA(4h) is pointing down, indicating short-term selling pressure.

• Daily: In the stage of oscillation and consolidation after a pullback from historical highs.

Capital flow

• Institutional Trends: Bitmine's holdings exceed $8 billion, and BlackRock continues to increase its stake.

• ETF funds: Recent net inflows support the price floor.

• On-chain data: Institutional strong support at the $3000 level

• Retail Participation: Stable inflows provide fundamental support

Major Event Preview

• Fusaka Upgrade: Scheduled for activation on December 3, ( UTC, it will enhance network performance and reduce Layer 2 fees by an expected 80%.

• Upgrade Impact: Historically similar upgrades like ), such as the May Pectra (, have triggered short-term surges, and analysts predict it could push the price to $5000+

Comprehensive judgment

Short term ) 1-3 days (

• Dominated by fluctuations, range $3100-3250

• The bullish probability is relatively high, as the price is above the main moving averages and has institutional support.

• Operation Suggestions:

◦ Long: Buy near $3050, stop loss at $2950, target $3300+

◦ Short: Light short position around $3300, stop loss at $3400, target )
• Bullish Logic:

◦ The Fusaka upgrade will enhance network competitiveness, attracting more applications and funding.

◦ Institutional positions continue to increase, providing stable support.

◦ Historical data shows that there is usually a significant increase after major upgrades.

• Price Prediction:

◦ By the end of the year: around $5,000 ( most analysts consensus )

Risk Warning

• Macro Risk: Changes in Federal Reserve policy, global economic uncertainty

• Technical Risk: If it breaks below $3000 with increased volume, it may trigger a larger adjustment.

• Market sentiment: There are many profit-taking positions at high levels, and volatility may increase.

Conclusion

Ethereum is currently in a phase of low-level consolidation, with a neutral to bullish technical outlook and stable funding. A significant positive development, the $3030 Fusaka upgrade, is about to arrive. It is recommended to operate within a range in the short term, adopt a bullish position in the medium term, and maintain a strong bullish outlook in the long term.