Technical analysis by Nyraen about Symbol ETH: Sell recommendation (11/21/2025)

Ethereum price is steadily declining after an apparent failure to sustain the recovery move above the $3,000 level. The 4-hour frame shows a series of red fair value gaps, reflecting immediate selling on every bullish attempt in recent days. This behavior confirms that short momentum is still bearish with little resistance from buyers. The current pivot zone is near $2,750, an area that previously supported the price in early November and contains high liquidity that often attracts market reaction. If it is broken, the decline may extend towards $2700-2650, which is a stronger support area on the daily frame. On the news front, increasing strength of the dollar following positive employment data is pushing investors away from riskier assets, while improving technology stocks are drawing liquidity away from major cryptocurrencies such as ETH.