So, Ethereum is now trading around $3,000 after a “broader crypto market rebound” that’s basically a fancy way of saying “we’re all just pretending we’re not terrified.” The altcoin gained 7.22%-which is like getting a 7.22% raise after your boss told you to “re-evaluate your life choices.”
Ethereum Bulls Buy The Dip After Weak Position Exits
Ethereum’s price dropped from $4,700 to $2,900, which is like a toddler’s tantrum but for your portfolio. XWIN Research Japan says this happened while traders were “exiting weak positions,” which is code for “I bet my entire life savings on crypto and now I’m crying in a corner.”
Open interest? Dropped from $21 billion to $17 billion. That’s like losing 4 billion dollars in a single day. Congrats, you’re now the financial equivalent of a sad meme.
The MVRV is at 1.27, which is “neutral to fair value.” In other words, Ethereum is like a used car that’s not broken… yet. Binance says it’s 1.0, which is basically a 50/50 chance of everything going sideways or straight down.
Meanwhile, big whales are buying up ETH like it’s the last slice of pizza at a party. BlackRock? They’re like “Hey, we’ll take 10 million dollars’ worth of ETH, thanks.” But then there’s this weird thing called “spot ETF outflows,” which is basically the crypto version of “I’m not mad, I’m just disappointed.”
Ethereum Market Outlook
Ethereum is at $3,003, which is technically a gain but also the equivalent of “I’m not happy, but I’m not sad either.” Over the last month, it’s down 22.34%. That’s like saying “I’m not a failure, I’m just… taking a break from success.”
XWIN Research Japan says Ethereum is in a “bottom-building phase,” which is just a fancy way of saying “we’re all just waiting for the other shoe to drop.” Investors should brace for “choppy, sell-on-rally” action. In other words, “get ready to cry and then cry harder.”
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2025-11-30 12:23