Ethereum Price Prediction: ETH Dropped 7.3% This Week Following BTC’s Nose Dive – What Do the Whales Do?

Ethereum is heading into a critical technical phase after sliding 7.3% this week, tracking Bitcoin’s broader market selloff. With ETH now sitting just above a major support cluster, traders are asking the same question: Is this a breakdown in progress, or the start of a deeper accumulation phase driven by long-term holders?ETH Slips as Trendline Break Alters Market StructureEthereum broke below its multi-month ascending trendline earlier this week, ending a structure that had supported every corrective move since spring. The failure to reclaim the breakdown zone near $3,500 has kept the market defensive, and the descending trendline that has guided price since October continues to cap every attempt at recovery.The daily chart reinforces the shift in tone. ETH was rejected cleanly off the 20-EMA, which has now rolled downward and is acting as dynamic resistance. Momentum indicators echo the weakness: the RSI is pinned near 34, sitting in bearish territory with no meaningful divergence to signal exhaustion.Recent candlestick behavior tells a similar story. A cluster of small-bodied candles followed by a sharp push lower resembles the early stages of a three black crows formation, often a precursor to a broader trend continuation.Whales Reposition: Long-Term Holders Increase SpendingWhale behavior adds another layer to the picture. According to Glassnode, 3–10 year ETH holders have increased their spending to over 45,000 ETH per day, marking the highest level since February 2021.Historically, this shift has occurred near major market turning points, either during the early stages of deeper pullbacks or ahead of multi-month accumulation phases. Since late August, as Ethereum pulled back from its new peak, 3–10 year holders have ramped up their average daily spending to >45K ETH/day (90D-SMA).This marks the highest spending level by seasoned investors since Feb 2021. https://t.co/EO1LpkLbmL pic.twitter.com/eMw5rKteTX— glassnode (@glassnode) November 14, 2025 ETF activity has also cooled. Recent Coinglass data shows that ETH-focused funds logged one of their largest single-day outflows this quarter, reinforcing the defensive stance among institutions. Taken together, the on-chain and flow data suggest large players are repositioning rather than panic-selling, but they’re not adding aggressively either.Ethereum (ETH/USD) Key Levels: Is $2,730 the Final Defense Before a Slide to $2,110?Ethereum price prediction is bearish as ETH is hovering above $2,730, a support band that acted as a springboard in late May. While a reaction from this zone is possible, the broader technical geometry leans toward further downside unless buyers reclaim the $3,500 breakdown point.A likely scenario is a temporary rebound into the underside of the broken trendline, essentially a classic retest, followed by another move lower toward the high-liquidity region around $2,110.Ethereum Price Chart – Source: TradingviewFor novice traders, the cleanest setup is to avoid calling the bottom and instead wait for confirmation: Bearish continuation: A daily close below $2,730 exposes $2,110, where deeper liquidity may attract buyers. Bullish reversal: A reclaim of $3,500 invalidates the breakdown and opens a path toward $3,960. Until one of these triggers fires, ETH remains inside a corrective channel, where patience, not prediction, remains the most disciplined position.Bitcoin Hyper: The Next Evolution of BTC on Solana?Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $27 million, with tokens priced at just $0.013265 before the next increase.As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.Click Here to Participate in the Presale The post Ethereum Price Prediction: ETH Dropped 7.3% This Week Following BTC’s Nose Dive – What Do the Whales Do? appeared first on Cryptonews.