Prominent Analyst: Ethereum Will Experience a Correction in November, Bear Market Will Begin if Price Drops Below $3,100

By: theblockbeats.news|2025/11/11 04:15:57

BlockBeats News, November 11th, prominent crypto analyst @IamCryptoWolf posted on Platform X stating that in November, ETH is expected to form a clear higher low (as shown in the image below). Only after that, the market can be confident in reaching a new all-time high in December.

Furthermore, the $3100 level is now a key support area. If the bulls hold this area, the trend can remain intact. If this area is breached, the bear market will begin.

@IamCryptoWolf first shared their analysis on the Tradingview platform in 2014 and has 113k followers on Platform X.

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