Cryptocurrency Circle Liying: On November 17, the Ethereum Evening Star announced the arrival of the bear market! With a cliff-like drop, should bulls stop-loss? Latest market analysis and operational advice explained.

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Li Ying in the Crypto Circle: Latest Ethereum Market Analysis

Article Published on 2025.11.17------00:45

Before publication, the current price of Ethereum is 3075. Li Ying observes a clear downward trend in the current market, with technical signals indicating that bearish forces are dominant. The appearance of the Evening Star pattern, along with the bearish arrangement of the moving average system and the death cross, has created a strong bearish resonance, indicating that market momentum is continuing to decline. The price is currently approaching a key support level of 3055, which has strong technical support significance as a previous low point, but if it breaks below, it may further open up downward space.

The 2-hour oscillation shows a downward trend, with highs gradually decreasing and lows also declining, forming a short-term weak pattern. The MACD shows a dominant bearish force on the 2-hour chart; there is still strong downward pressure in the medium term on the daily chart, with clear suppression from the EMA short-term and medium-term moving averages. The bear market cycle has already begun, and now it remains to be seen where the bottom will be. For those who have already opened short positions at high levels, Li Ying does not recommend exiting the market; you can continue to hold, looking downwards.

Short-term Point of Reference:

  • Long Entry Point: 3050, Stop Loss: 3000, Stop Loss: 50 points, Target: 3150
  • Short Entry Point: 3150, Stop Loss: 3200, Stop Loss: 50 points, Target: 3000

The above content is exclusively original by Li Ying; please indicate the source when reprinting! There may be delays in article publication review, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. We hope Li Ying's insights will be helpful to you!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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