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Famous analyst: Ethereum will have adjustments in November, and if it falls below 3100 USD, the bear market will begin.

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On November 11, well-known encryption analyst @IamCryptoWolf posted on the X platform stating that ETH should form a clearly higher low in November (as shown in the figure below). Only after that can the market truly have the confidence to reach new historical highs in December. In addition, the $3100 level is now a key support area. If long positions hold this area, the trend can remain unchanged. If it falls below this area, the Bear Market will begin. @IamCryptoWolf published his analysis on Tradingview platform in 2014 and has 113,000 followers on the X platform.

ETH-1.86%
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