Ethereum Price Prediction: What to Expect From ETH This Week (03–09 November 2025)

Ethereum (ETH) begins the first week of November 2025 with a mix of caution and quiet optimism. After sliding 6.01% in the past 24 hours to $3,494.93, ETH is attempting to stabilize near key technical support levels. 

The second-largest cryptocurrency by market capitalization ($465.94 billion) remains under scrutiny as investors weigh macroeconomic pressures against growing on-chain accumulation signals. With historical trends showing November as a bullish month for Ethereum, the coming days could be critical in defining whether ETH regains upward momentum.

Ethereum Market Overview and Price Data

As of now, Ethereum trades at $3,494.93, with a 24-hour range between $3,479.95 and $3,746.30. The market has seen 39.63 million ETH in trading volume, totaling $145.12 billion in USDT-equivalent trades. 

Despite the sharp daily decline, Ethereum still maintains a 3-month gain of over 5%, supported by whale accumulation and strong network activity.

Analysts suggest that this correction may serve as a healthy consolidation phase before another attempt at breaking resistance near $4,200, a zone closely watched by traders and technical analysts.

READ ALSO: Understanding the Ethereum Blockchain: A Comprehensive Guide

Whales Accumulate as Retail Traders Stay Cautious

On-chain data reveals a growing divergence between large-scale investors and smaller holders. Wallets holding between 1,000 and 100,000 ETH have reportedly added over 1.6 million ETH in October — an accumulation worth approximately $6.4 billion. This accumulation phase, even amid ETH price weakness, indicates renewed confidence in Ethereum’s mid-term outlook.

In contrast, long-term holders have slightly reduced exposure. The Holder Accumulation Ratio (HAR) dropped from 31.27% to 30.45%, signaling some profit-taking among early investors. This push-and-pull dynamic between whales and holders could determine ETH’s direction through mid-November, particularly if buying volume continues to strengthen.

Technical Outlook: Support, Resistance, and Divergences

Ethereum’s 2-day chart shows a developing hidden bullish divergence, with price forming higher lows while RSI trends downward, typically a precursor to trend continuation. Key resistance levels remain at $4,070, $4,240, and $4,620, while support lies at $3,790 and $3,510.

If ETH manages to reclaim $4,200, analysts predict a breakout rally toward $4,500–$4,700, confirming bullish continuation. However, failure to defend $3,510 could invalidate this setup and trigger short-term selling pressure.

Despite the short-term volatility, Ethereum’s broader structure remains constructive, staking continues to reduce liquid supply, network activity remains high, and Layer-2 scaling maintains healthy transaction throughput.

Market Sentiment and Outlook for November 2025

Historically, November has been favorable for Ethereum, posting average monthly gains of 6.9% over the past eight years. The Net Unrealized Profit/Loss (NUPL) index recently declined to 0.39, suggesting that most investors’ incentive to sell is waning. This aligns with accumulation behavior seen during previous market recoveries.

Industry analysts like Shawn Young emphasize that Ethereum’s staking yields and role in DeFi expansion make it a prime candidate for rotation as market liquidity increases. If whale accumulation continues alongside reduced selling pressure, Ethereum could be setting the stage for another strong November rally.

READ ALSO: Earn Monday Returns: Stake ETH and Unlock 20% APR Rewards (Nov 3–5)

Conclusion

While Ethereum faces short-term volatility, the combination of whale accumulation, positive historical patterns, and reduced selling incentives suggests that ETH could stabilize before attempting a breakout. 

The first week of November may serve as a turning point — determining whether Ethereum can reclaim the $4,000 zone and sustain bullish momentum through the month.

For more in-depth crypto market updates and predictions, check out the latest posts on the Bitrue blog — or explore trading directly on Bitrue’s platform.

FAQ

What is Ethereum’s current price?

Ethereum is trading at around $3,494.93 as of early November 2025.

Why did Ethereum’s price drop recently?

Profit-taking, macroeconomic uncertainty, and short-term volatility contributed to the recent 6% decline.

Is Ethereum still bullish for November?

Historically, November has been a bullish month for ETH, and current whale activity supports a potential rebound.

What price levels should traders watch?

Key support levels are $3,510 and $3,790, while resistance sits near $4,200 and $4,620.

Will ETH reach $5,000 this year?

Analysts like Tom Lee have forecasted ETH could hit between $5,500 and $12,000 in 2025 if macro conditions remain favorable.