The post Ethereum price forms a giant bearish rounded top pattern, is it about to crash? appeared on BitcoinEthereumNews.com.

Ethereum has been in a downtrend for over four weeks, forming what appears to be a bearish rounded top that suggests it may be at risk of further losses in the coming weeks. Summary Ethereum price is down by 41% from its year-to-date high. Bearish macro catalysts resulting in weak demand have kept ETH price under pressure. A multi-month rounded top pattern could put its price at further risk. According to data from crypto.news, Ethereum (ETH) has been mostly in a free fall since Oct. 28, dropping 29% which extends to 41% from its year-to-date. Trading at $2,926 at press time, the leading altcoin in the crypto space has managed to see a slight rebound and is up 2% over the past day. Ethereum price declined amid a broader market correction in which Bitcoin (BTC) fell significantly below the $100k support level amid macroeconomic concerns, including a hawkish statement from U.S. Federal Reserve Chair Jerome Powell regarding further rate cuts. This spooked traders and led to a flight from risky assets. The Fear and Greed Index, which traders use to gauge market sentiment, reached an “Extreme Fear” level by mid-November. This widespread fear triggered a wave of liquidations, which created additional selling pressure across major cryptocurrencies, including Ethereum. The second-largest crypto asset by market cap also fell as demand for its spot ETFs has waned. Data from SoSoValue shows that the nine U.S. spot Ether ETFs have seen over $2.1 billion in net outflows since mid-October. While some entities like BitMine have stepped up their Ethereum accumulation with a sizable purchase, the broader investor sentiment still looks weak. Momentum remains fragile, and Ethereum could very well slip further into lower support zones if selling pressure persists. On the daily chart, Ethereum’s price downtrend that began in early October has shaped…

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Filed under: News - @ November 25, 2025 8:23 am