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The (ETHUSD) is attempting to recover main bearish trend- Analysis- 06-11-2025
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The (ETHUSD) is attempting to recover main bearish trend- Analysis- 06-11-2025
Nov 5, 2025 8:49 PM

The (ETHUSD) price settled higher in its last intraday trading, retesting the resistance of $3,435, attempting to correct the main bearish trend on the short-term basis, amid its trading alongside supportive minor trendline for this track, with the continuation of the negative pressure due to its trading below EMA50, the beginning of forming negative divergence on the relative strength indicators reinforces the negative pressure on the price, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative overlapping signals.

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