Our ETH daily analysis for late November 2025 focuses on the ABC corrective structure after the sharp bearish leg down. Price has pushed into the first structure / daily entry zone, where we now monitor for signs of exhaustion and potential downside continuation in line with the prevailing bearish trend.
ETH 4H chart 27 Nov 2025 with head and shoulders pattern at resistance around 3,030 $.
Trend = bearish ↓
Technical Analysis Key Points
- Where yesterday price nearly touched the -0.27 level, today it did, but got a bearish reaction.
- We have to remain cautious because, if the ABC correction completely plays out, price would want to correct until the -0.68 level.
- Nevertheless, price touched the daily entry zone / first structure, so we can start looking for reversal patterns on the lower 4H time frame. Here we can see a head and shoulders pattern.
- This bullish reversal might seem to be impulsive, but still needs to be considered as a bullish correction of the last bearish push down
- In order to see a bullish reversal the daily high @ 3,169.95 $ needs to be reclaimed and defended.
Market Structure Analysis
From a market-structure view, this ETH daily analysis confirms that the -0.27 Fibonacci level is acting as short-term resistance. The reaction there, combined with the touch of the daily entry zone, fits well within an ABC corrective move inside a dominant downtrend. As long as price trades below the prior daily high at 3,169.95 $, the broader structure remains bearish and this rally is best treated as a corrective retrace, not a new impulse. The emerging 4H head and shoulders pattern at the top of the move further underlines distribution risk at current prices. A completed ABC into the -0.68 Fibonacci level would offer an even cleaner structural completion before the next higher-timeframe decision.
Key Levels and Scenarios
Bullish scenario: buyers must reclaim and defend the daily high at 3,169.95 $, invalidating the current ABC narrative and opening room for a larger trend reversal.
Key levels to watch:
Daily high 3,169.95 $ – must be reclaimed and held to confirm a bullish reversal.
Daily entry zone / first structure – current reaction area where we monitor 4H signals.
-0.27 Fibonacci level – first resistance, already tested with bearish response.
-0.68 Fibonacci level – potential completion of the full ABC correction.
Trading Implications
For now, we treat ETH’s move as a bearish correction and look for confirmed 4H reversal patterns around the daily entry zone, with invalidation above 3,169.95 $ and conservative position sizing until the higher-timeframe trend clearly shifts.
This publication is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any asset.