Ethereum Needs to Reclaim $3.6K to Validate Bull Run Thesis

Published at 2025-11-12 14:23:30

Ethereum is once again probing key support after losing momentum above the $3.6K zone. Market positioning and on-chain flows suggest the latest lift could be a short-term corrective bounce rather than the start of a sustained rally. Traders are watching whether ETH can reassert control above $3.6K with conviction — a clean, volume-backed move higher would lend credibility to the bull-run narrative and could shift sentiment quickly.

If Ethereum fails to reclaim that resistance, the path of least resistance may remain sideways as market participants await clearer catalysts. Confirmation or rejection around $3.6K will matter for both short-term traders and longer-term holders: a confirmed breakout would likely draw renewed entries, while another rejection could extend consolidation and keep risk appetite muted.

Share on:

Related news

BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

ETH Leverage on Binance Hits Record High Ahead of Fusaka Upgrade

Binance traders’ ETH exposure has climbed as the exchange’s leverage ratio reached a record high while ether reclaimed levels above $3,000. The build-up comes just ahead of the Fusaka upgrade and raises the risk of amplified volatility.

Published at 2025-12-03 14:45:11
Jane Street Leads $105M Round for Antithesis to Scale Ethereum Failure Replays

Antithesis raised $105 million in a Series A led by Jane Street to scale deterministic simulation testing that can exactly replay complex failures for Ethereum and other always-on systems. The funding will accelerate production deployments and integrations with node software and smart contract tooling.

Published at 2025-12-03 13:45:23
Ethereum Tops $3K as Fusaka Upgrade Launches: How High Can ETH Go?

Ethereum climbed past $3,000 after the Fusaka upgrade launched, rebounding roughly 10% in 24 hours following days of sideways trading. Traders pointed to the upgrade and a pickup in risk appetite as catalysts.

Published at 2025-12-03 10:15:11
Accumulator Strategy May Sell Bitcoin to Cover Dividends

An accumulator strategy warned it could draw on bitcoin reserves to preserve dividend payments if its share price falls toward net asset value. Such a sale would be rare and could add short-term selling pressure on BTC.

Published at 2025-12-03 02:45:08