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ETH Forms Higher Lows as $3,500 Level Comes Into Focus
⬤ ETH has been quietly improving its daily price action after weeks of correction. Since November 2025, Ethereum has formed a solid sequence of higher lows, showing that selling pressure is cooling off. The chart shows ETH stabilizing above rising support while still trading below broader resistance—a market that’s shifting gears but hasn’t fully broken out yet.
⬤ Since the November bottom, ETH has bounced from higher and higher price levels, creating a clear ascending support line. Price remains capped in the mid-$3,000s, but demand keeps showing up on dips. The market is tightening into a narrower range, with price squeezing between rising support below and resistance above.
⬤ Even with occasional pullbacks, ETH has held above its upward support line, keeping the higher-low pattern alive. Daily candles show less downside momentum compared to earlier in the decline, and rebounds have stayed controlled. As long as this structure holds, “the path toward $3,500 stays open—that’s the level everyone’s watching,” with continued pressure toward the upper end of the range looking likely.
⬤ This matters beyond just Ethereum. ETH often sets the tone for the broader crypto market outside of Bitcoin. A pattern of higher lows can signal shifting confidence and improving medium-term momentum. How price handles $3,500 could shape volatility and direction across major digital assets as traders assess whether this recovery structure has staying power.