Technical analysis by Nyraen about Symbol ETH: Sell recommendation (11/19/2025)

When looking at the ETH/USDT 4-hour chart, it appears that Ethereum is entering a correction phase after rising to the $3,076 level. Recurrence of red FVG areas reflects superior selling pressure, while buyers have become more cautious after the previous strong rally. Currently, ETH is trading near the $3,060 support area, an area that previously absorbed selling and also represents an important bullish FVG. This is a very sensitive area: stability above it may push the price to rebound, but breaking it may change the entire market direction. If the price maintains the $3,060 level, we are likely to see an upward movement towards $3,100–3,150, especially if candles with lower tails appear with a rise in trading volume. If the support is broken, ETH may fall towards $2,950 or even $2,900 — areas of high liquidity that have witnessed strong bounces previously. On the news side, higher interest rates from the Federal Reserve continue to squeeze the flow of money into riskier assets. Increased competition from سولانا and Avalanche also makes investor appetite for ETH less in the short term. In short, Ethereum is at a turning point. The $3,060 level is the deciding factor: stability above it supports a quick bounce, while breaking it could open the door to a deeper correction before the longer-term uptrend returns.