ETH US Session and Next Day Analysis (November 5, 2025)

Market Recap: Yesterday's US session and this morning's ETH price movement were almost identical to my analysis from yesterday, rebounding to a high of 3586, breaking below 3440, and reaching a low of 3043. Our shorting target was 3061. Before today's analysis, let me address a key question: Has this significant drop bottomed out? I've been involved in forex trading since 2010, with over a decade of practical experience. While I've had my share of wins and losses, I'm still somewhat lacking in consistent profitability. However, I'm more than capable of providing analysis and strategies, especially compared to beginners with only three to five years of experience, or even those who haven't traded in real-money accounts but have read basic technical analysis books and are now offering guidance and strategies. There's a fundamental difference between them and those who offer guidance based on their experience. What I'm discussing are experiences that everyone goes through, and a down-to-earth trading journey. Books can only address theoretical probability issues; without actual trading experience, one cannot understand the mindset of a novice trader. Therefore, in my three analyses from November 2nd to 4th (two of which were rejected), I consistently emphasized four words—"Don't go long!" Tonight's four words: It's too early to buy the dip; Today's analysis: 1-hour chart: In short, it's an oversold rebound. A single positive candle is unlikely to indicate a bottom unless a large positive candle recovers the 7-point drop to 3586. Until this happens, we should treat it as a bearish market. The extent of the drop is not a reason for a bottom. A bottom will either be formed over time, such as a double bottom, triple bottom, head and shoulders bottom, or a rounded bottom, or it will be formed by a rapid price correction, such as a wick or a V-shaped reversal. We haven't seen a wick yet, and a V-shaped reversal depends on a short-term recovery to 3586. Until either of these occurs, we can only continue to be bearish. The market will not operate according to your intuition. Short entry point and timing: Entry point: 3440. Of course, it may not reach that level. There is another entry point: look at the 15-minute chart. If it breaks below 3275, continue to short.