Bitget Analysis: Ethereum’s Potential Rebound Amid Market Volatility

Ethereum (ETH) recently experienced a significant price drop, sliding to $3,482 on November 4, 2025, marking a 5.75% daily decline. This movement has brought ETH into oversold territory, a zone that has historically preceded reversal rallies. Despite the bearish sentiment, hidden bullish divergence NEAR $3,800 and substantial whale accumulation of 23,263 ETH (worth $90.67M) suggest underlying strength in the market. Technical analysts are closely monitoring the critical $3,600-$3,650 support band, as a breakdown below this level could signal further downside. However, the current oversold conditions and whale activity indicate potential for a bullish rebound. This analysis explores the factors influencing ETH's price action and its prospects for regaining bullish momentum.

Ethereum Price Prediction: ETH Tumbles To $3,600, Can It Regain Bullish Momentum?

Ether's price slid to $3,482 on November 4, 2025, marking a 5.75% daily decline as it tests oversold territory—a zone that historically precedes reversal rallies. Hidden bullish divergence near $3,800 hints at underlying strength, underscored by whales accumulating 23,263 ETH ($90.67M) despite bearish sentiment.

Technical analysts warn of a breakdown below the critical $3,600-$3,650 support band, now breached, with $3,300 as the next downside target. Yet institutional flows tell a divergent story: ETH ETFs attracted $246 million in single-day inflows, per Bitget data, while a nascent DeFi project on ethereum nears $30M in funding with 40,000 holders.

Shiba Inu Enhances Shibarium Security with Network Overhaul and RPC Update

Shiba Inu has initiated a critical RPC migration to fortify Shibarium's infrastructure following a September security breach involving validator exploitation. The legacy RPC endpoint will be discontinued within two weeks, mandating developers and users to transition to a new access point.

The upgrade represents a strategic shift toward decentralization, targeting improved stability and reduced vulnerabilities. SHIB's price declined 15.9% in October amid these technical adjustments, reflecting market sensitivity to network disruptions.

Bitget's analysis frames this as an architectural evolution rather than a routine update—eliminating single points of failure through distributed RPC architecture. The MOVE underscores Shiba Inu's commitment to hardening its ecosystem against future threats.