Ethereum Range-Bound at Highs; ETF Flows & ETH 2.0 in Focus

Cryptocurrency

Summary:

Ethereum is currently trading around the $4,172 level, having entered a consolidation phase following a surge to $4,250 last week. While short-term profit-taking activity is pronounced, on-chain engagement and institutional positions remain robust. The medium-to-long-term uptrend remains unbroken.

SELL ETH-USDT

EXP

EXPIRED

4500.00

Entry Price

3399.00

4998.00

3162.80 +135.84 +4.49%

Pips

EXPIRED

3399.00

3485.77

Exit Price

4500.00

Entry Price

4998.00

Fundamentals

Ethereum has outperformed most major crypto assets recently, primarily driven by sustained inflows into U.S. spot Ethereum ETFs. According to CoinShares data, Ethereum products recorded approximately $280 million in net inflows last week, marking the third consecutive week of positive capital inflows. This trend indicates that institutional investors are gradually increasing their long-term allocation to ETH, reinforcing market recognition of its status as a foundational asset for decentralized finance (DeFi).

Separately, updates to the Ethereum Foundation's roadmap reveal that the "Pectra" upgrade, which will include the full rollout of account abstraction functionality to enhance user experience and developer scalability, is scheduled for early 2026. Despite the distant timeline, markets have already priced in this expectation, with sentiment that the upgrade will further strengthen the competitiveness of the ETH ecosystem.

On-chain metrics show active addresses holding above 450,000, a 15% rebound from September's low, while the staking ratio has climbed past 28% of total ETH supply—both signals that network participants are pricing in durable, long-run returns.

Technically, ETH is consolidating at the upper end of its range. Short-term volatility compression often resolves in an expansion move, yet the intermediate-term fundamental stack remains intact.

Structural demand drivers—spot-ETF inflows, the yield-bearing staking layer, and accelerating Layer-2 TVL—continue to vacuum float. Tactical traders can scale into long exposure below 4,000, sizing for a swing rather than a scalp.

The obvious near-term risk is a hawkish repricing of Fed policy or a broad crypto risk-off, either of which could weigh on ETH.

Even so, Ethereum's moat—deep liquidity, institutional onboarding rails and an expanding application layer—keeps the long-term expected return positively skewed.

Ethereum Range-Bound at Highs; ETF Flows & ETH 2.0 in Focus_1

Technical Analysis

From a daily chart perspective, Ethereum has been consolidating in a short-term range since breaking below the $4,000 threshold in mid-October.

Currently, the key resistance zone lies between $4,250 and $4,300. A convincing breakout above this range could unlock further upside potential, with the next target testing $4,450. Conversely, a drop below $4,100 would expose the price to near-term correction pressure, potentially retesting the support zone of $3,950–$4,000.

The Relative Strength Index (RSI) is hovering around 60, indicating a temporary balance between bullish and bearish momentum. A narrowing of the Bollinger Bands suggests compressed volatility, with a directional breakout likely in the short term.

On the four-hour chart, the MA20 and MA50 remain in a bullish alignment. A concurrent pickup in trading volume would serve as a signal for the next upward thrust.

Given the crowded timeframes and the structural damage caused by the mid-October breakdown below $4,000, we anticipate that after testing the $4,450 zone, medium-to-short-term bulls will face another pullback.

Trading Recommendations

Trading Direction: Sell

Entry Price: 4500

Target Price: 3399

Stop Loss: 4998

Valid Until: November 11, 2025, 23:55:00

Support: 3972/3824/3675

Resistance: 4296/4450/4492

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

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Eva Chen

Cryptocurrency

Summary:

SELL ETHUSD

EXP

EXPIRED

4500.00

Entry Price

3399.00

4998.00

3160.61 +22.14 +0.71%

Pips

EXPIRED

3399.00

3483.15

Exit Price

4500.00

Entry Price

4998.00

Fundamentals

Technically, ETH is consolidating at the upper end of its range. Short-term volatility compression often resolves in an expansion move, yet the intermediate-term fundamental stack remains intact.

The obvious near-term risk is a hawkish repricing of Fed policy or a broad crypto risk-off, either of which could weigh on ETH.

Even so, Ethereum's moat—deep liquidity, institutional onboarding rails and an expanding application layer—keeps the long-term expected return positively skewed.

Technical Analysis

From a daily chart perspective, Ethereum has been consolidating in a short-term range since breaking below the $4,000 threshold in mid-October.

On the four-hour chart, the MA20 and MA50 remain in a bullish alignment. A concurrent pickup in trading volume would serve as a signal for the next upward thrust.

Trading Recommendations

Trading Direction: Sell

Entry Price: 4500

Target Price: 3399

Stop Loss: 4998

Valid Until: November 11, 2025, 23:55:00

Support: 3972/3824/3675

Resistance: 4296/4450/4492

Risk Warnings and Disclaimers

Add to Favorites

Warren Takunda

Traders' Opinions

Summary:

The British Pound extends its advance against the Japanese Yen as fiscal stimulus expectations in Japan weigh on the Yen, while risk appetite and diverging monetary policies continue to favor Sterling.

BUY GBPJPY

Close Time

CLOSED

204.054

Entry Price

204.800

203.600

207.082 -0.018 -0.01%

45.4

Pips

Loss

203.600

203.596

Exit Price

204.054

Entry Price

204.800

The British Pound (GBP) climbed higher against the Japanese Yen (JPY) on Monday, with the GBP/JPY pair holding firm around 203.85, as the Yen faced renewed selling pressure across global markets. The move reflects a combination of factors — from Japan’s incoming fiscal stimulus and dovish monetary policy expectations to improving global risk sentiment — all of which have left the Yen on the defensive.

At the center of the latest Yen weakness is political and fiscal change in Tokyo. Reports indicate that Japan’s new Prime Minister, Sanae Takaichi, is preparing a large-scale fiscal stimulus package to cushion households and businesses from inflationary pressures and sluggish wage growth. While such spending measures are aimed at boosting domestic consumption and investment, financial markets view them as yen-negative in the short term. That’s because an expansionary fiscal policy gives the Bank of Japan (BoJ) less incentive to tighten monetary policy aggressively.

The BoJ, under Governor Kazuo Ueda, has been cautiously moving away from its ultra-loose stance but remains wary of tightening too quickly, given the fragility of Japan’s economic recovery and modest wage gains. The upcoming BoJ policy meeting on Thursday is expected to reaffirm this cautious tone. The central bank is widely expected to hold its benchmark rate at 0.50%, as policymakers evaluate the effects of previous policy adjustments and the evolving macroeconomic backdrop.

According to swap market pricing, traders assign only an 11% probability of a 25-basis-point hike this week, but odds increase to nearly 50% by December and a fully priced-in quarter-point increase by early 2026. This timeline highlights the market’s skepticism about Japan’s ability to sustain higher rates amid structural headwinds like weak wage inflation and subdued domestic demand.

Governor Ueda’s press conference will be closely watched for clues on whether the BoJ still intends to raise rates to 0.75% by year-end or instead opts to delay, particularly now that Prime Minister Takaichi’s fiscal plan could provide an alternative source of stimulus. “The BoJ may now have even less urgency to act,” said one Tokyo-based currency strategist, noting that “fiscal firepower reduces the pressure on monetary tightening in the near term.”

In contrast, the British Pound continues to draw support from the Bank of England’s (BoE) relatively hawkish posture and resilient domestic outlook. Even as UK growth remains sluggish, inflation remains among the highest in the G7, keeping the BoE cautious about declaring victory over price pressures. The resulting monetary policy divergence between the UK and Japan remains a key factor underpinning GBP/JPY’s bullish bias.

That said, the Sterling’s upward momentum may face near-term hurdles from fiscal uncertainty in the UK. Chancellor Rachel Reeves faces mounting pressure ahead of the November 26 Budget, as she works to close an estimated £22 billion fiscal gap. Markets are bracing for potential tax adjustments and spending restraint, which could temper growth expectations.

Speaking at the Future Investment Initiative conference — dubbed “Davos in the Desert” — in Riyadh on Monday, Reeves acknowledged the challenge ahead, saying: “We are looking at both tax and spending to keep to fiscal rules.” Her comments reinforced the government’s commitment to fiscal discipline, though investors remain wary of the potential drag such measures could impose on the economy.

For now, however, sentiment remains tilted in favor of Sterling, particularly against low-yielding currencies like the Yen. Improving global risk appetite, supported by renewed optimism over U.S.-China trade negotiations, has further weighed on safe-haven assets such as the Yen. Global equities rose on Monday, and risk-sensitive currencies, including the Pound and Australian Dollar, found fresh bids.

Techncial Analysis

From a technical perspective, GBP/JPY maintains a bullish outlook as the pair continues to press against resistance near 203.95. A successful break above this level could open the door to the next major target around 204.80, followed by 205.25. On the downside, 202.85 acts as immediate support, with a sustained hold above this zone likely to strengthen the bullish structure.

Technical indicators, particularly the stochastic oscillator, remain in overbought territory, reinforcing the likelihood of continued upward momentum if a clear breakout occurs. The expected trading range for the day lies between 203.35 and 204.60, with bias remaining to the upside as long as the pair holds above key support.

TRADE RECOMMENDATION

BUY GBPJPY

ENTRY PRICE: 204.050

STOP LOSS: 203.600

TAKE PROFIT: 204.800

Risk Warnings and Disclaimers

Add to Favorites

Warren Takunda

Traders' Opinions

Summary:

BUY GBPJPY

Close Time

CLOSED

204.050

Entry Price

204.800

203.600

207.095 -0.018 -0.01%

45.0

Pips

Loss

203.600

203.599

Exit Price

204.050

Entry Price

204.800

Techncial Analysis

TRADE RECOMMENDATION

BUY GBPJPY

ENTRY PRICE: 204.050

STOP LOSS: 203.600

TAKE PROFIT: 204.800

Risk Warnings and Disclaimers

Add to Favorites

Warren Takunda

Traders' Opinions

Summary:

Gold prices tumbled over 2% on Monday, extending losses from record highs as improved risk sentiment and easing trade tensions dampened demand for safe-haven assets, with traders now turning attention to key central bank meetings this week.

SELL XAUUSD

Close Time

CLOSED

3985.00

Entry Price

3800.00

4100.00

4209.52 +11.61 +0.28%

591.6

Pips

Profit

3800.00

3925.84

Exit Price

3985.00

Entry Price

4100.00

Gold (XAU/USD) began the week under heavy selling pressure, sliding more than 2% to around $4,000 on Monday as global risk appetite improved and investors unwound safe-haven positions. The precious metal extended its pullback from last week’s record high of $4,381, with traders taking profits amid optimism surrounding fresh trade developments between the United States and China.

Market sentiment was buoyed by weekend reports that U.S. and Chinese negotiators had reached a preliminary trade framework, marking what could be a significant step toward resolving one of the most prolonged trade conflicts in recent years. The deal reportedly paves the way for further discussions ahead of a high-profile meeting between U.S. President Donald Trump and Chinese President Xi Jinping scheduled for Thursday. Adding to the upbeat tone, Trump also signed separate trade cooperation frameworks with Malaysia, Thailand, Vietnam, and Cambodia, signaling a broader effort to strengthen U.S. economic relations across Asia.

The renewed optimism pushed global equities higher and weighed heavily on traditional safe-haven assets, including gold and government bonds. Major U.S. indices extended last week’s gains, while Asian and European markets mirrored the rally, underscoring a clear rotation back into risk-sensitive assets. The improvement in risk appetite, however, came at gold’s expense, as investors pared back defensive exposure in favor of higher-yielding opportunities.

Still, analysts caution that the gold market’s downside could remain limited in the near term. Despite the recent trade breakthrough, market confidence in Trump’s trade stance remains fragile, given his unpredictable approach to negotiations and frequent policy reversals. Moreover, the ongoing U.S. government shutdown, which has now entered its third week, and broader geopolitical risks — from the Middle East to Europe — continue to support the metal’s long-term appeal as a hedge against uncertainty.

From a macroeconomic perspective, investors are entering a week filled with major monetary policy decisions. The Federal Reserve (Fed), Bank of Canada (BoC), Bank of Japan (BoJ), and European Central Bank (ECB) are all set to hold policy meetings in the coming days. These events could shape the near-term trajectory for both the U.S. dollar and gold. Market participants are particularly focused on whether the Fed will signal a pause in its tightening cycle amid softening economic indicators and mixed inflation data. A dovish tone from the Fed could offer gold a lifeline after its recent selloff, while a reaffirmation of policy normalization might deepen the metal’s correction.

Technical Analysis

Technically, gold’s recent retreat underscores a shift in market momentum. The metal has broken below the $4,000 key support level, exposing it to further downside risks if bearish pressure persists. The short-term charts show a dominant corrective wave pattern after breaking a major ascending trend line, suggesting that the bullish momentum that carried prices to record highs has temporarily stalled.

The 50-day Exponential Moving Average (EMA50) now acts as an overhead resistance, capping any recovery attempts. The persistent trading below this moving average highlights the market’s bearish bias, while momentum indicators such as the Relative Strength Index (RSI) continue to show negative signals, confirming weakening buying strength. If gold fails to reclaim the $4,050–$4,100 zone, traders could see further declines toward $3,980 and $3,800, where stronger demand may re-emerge.

TRADE RECOMMENDATION

SELL GOLD

ENTRY PRICE: 3985

STOP LOSS: 4100

TAKE PROFIT: 3800

Risk Warnings and Disclaimers

Add to Favorites

Warren Takunda

Traders' Opinions

Summary:

SELL XAUUSD

Close Time

CLOSED

3985.00

Entry Price

3800.00

4100.00

4209.70 +11.58 +0.28%

598.0

Pips

Profit

3800.00

3925.20

Exit Price

3985.00

Entry Price

4100.00

Technical Analysis

TRADE RECOMMENDATION

SELL GOLD

ENTRY PRICE: 3985

STOP LOSS: 4100

TAKE PROFIT: 3800

Risk Warnings and Disclaimers

Add to Favorites

Warren Takunda

Economic

Summary:

EUR/USD regained ground above 1.1640 on Monday, supported by stronger German business sentiment and optimism surrounding US-China trade talks. However, investors remain cautious ahead of crucial monetary policy announcements from the Federal Reserve and European Central Bank later this week.

BUY EURUSD

Close Time

CLOSED

1.16401

Entry Price

1.17300

1.16100

1.16552 +0.00126 +0.11%

14.7

Pips

Profit

1.16100

1.16548

Exit Price

1.16401

Entry Price

1.17300

The euro found modest relief on Monday, trimming earlier losses against the US dollar as a surprising rebound in German business sentiment offered a dose of optimism to an otherwise cautious market tone. The EUR/USD pair recovered to trade around 1.1640 after touching session lows near 1.1620, as traders weighed improving Eurozone data against looming policy decisions from the world’s two most influential central banks — the Federal Reserve (Fed) and the European Central Bank (ECB).

The latest Ifo business climate index from Germany showed a stronger-than-expected recovery in corporate confidence, signaling that Europe’s largest economy may be stabilizing after months of sluggish industrial activity and energy-related headwinds. The data served as a lifeline for the euro, which has been pressured in recent sessions by a broadly resilient US dollar and a cautious risk environment tied to global trade dynamics.

Still, despite the intraday bounce, EUR/USD remains confined within a familiar range, reflecting investors’ reluctance to take bold positions before a heavy week of central bank announcements and geopolitical developments. Market participants are keeping a close eye on the trade narrative between Washington and Beijing, with reports suggesting that weekend talks in Malaysia between US and Chinese negotiators made meaningful progress.

According to sources familiar with the discussions, both sides are pushing for an agreement to be finalized during the expected meeting between President Donald Trump and China’s Xi Jinping later this week in South Korea. Such an outcome could extend the existing trade truce and alleviate some of the uncertainty weighing on global sentiment.

However, traders remain mindful that optimism around trade has often proven fleeting. Market reaction is likely to hinge on whether any concrete steps emerge from these high-level talks or if rhetoric once again outpaces substance.

Beyond trade headlines, the coming days are packed with potential market-moving catalysts. The Federal Reserve’s policy meeting on Wednesday dominates the global calendar, with the market largely expecting a 25-basis-point rate cut — a move that would mark the latest step in the Fed’s cautious recalibration of monetary conditions.

Friday’s soft US inflation figures added weight to the dovish expectations, suggesting that the Fed still sees enough downside risk to justify another easing measure. However, the real focus will fall on Chair Jerome Powell’s post-meeting press conference. His tone will be dissected for clues on whether the Fed may deliver another quarter-point cut before year-end.

A more cautious Powell could strengthen the dollar by implying a pause in further easing, while a dovish tone might reignite risk appetite and provide fresh support for the euro.

Meanwhile, on the European front, the ECB’s own policy decision and the release of Eurozone Q3 GDP data on Thursday will provide crucial insight into the region’s economic trajectory. Markets are not expecting any immediate policy changes from the ECB but will be watching for signals of how long policymakers plan to maintain ultra-accommodative measures.

The GDP data will be equally pivotal. A resilient reading could bolster the euro by suggesting the bloc is slowly regaining its footing, whereas another soft print would reinforce the view that Europe remains vulnerable to global headwinds and policy inertia.

Technical Analysis

From a technical standpoint, EUR/USD’s recent rebound highlights the market’s ongoing struggle around a key resistance zone at 1.1630 — a level that has repeatedly capped upside attempts in recent sessions. The pair’s ability to close above this threshold could signal a bullish continuation and potentially open the door for a move toward the next resistance target near 1.1730.

The pair’s price action remains supported by a short-term corrective uptrend, with the euro trading in proximity to its ascending trendline. The presence of positive signals from relative strength indicators (RSI) suggests that bullish momentum could strengthen if the pair successfully clears overhead resistance.

However, the 50-period exponential moving average (EMA50) continues to exert downward pressure, underlining the fragility of the recovery. Should the pair fail to confirm a breakout above 1.1630, a renewed pullback toward the 1.1550 support area cannot be ruled out. This zone coincides with previous consolidation levels and may serve as a pivotal test for near-term direction.

In broader terms, EUR/USD remains stuck in a neutral to mildly bullish phase. A decisive breakout above 1.1730 could pave the way for a more sustained upside recovery, while a drop below 1.1550 would revive the bearish scenario and potentially expose the 1.1480–1.1500 region.