BTC & ETH Weekly Outlook – November Week 3 (Market Momentum, Liquidity Zones, RSI Signals)

As we enter BTC & ETH Weekly Outlook – November Week 3, both Bitcoin and Ethereum are moving through a highly sensitive phase of the market cycle. Sharp volatility, liquidity-driven spikes, and shifting momentum indicators continue to dominate the crypto landscape. This week’s outlook explores structural market behavior, momentum shifts (RSI, MACD), liquidity zones, key support/resistance levels, and overall sentiment shaping BTC and ETH price action.

1. Market Context — Week 3 Overview

The third week of November opens with a market driven by fear, macro uncertainty, ETF outflows, and high-volume liquidation cascades. Bitcoin dropped to multi-week lows while Ethereum maintained relative strength, supported by stronger buying pressure in key support zones.

Despite the turbulence, momentum indicators reveal early signs of bearish exhaustion — especially in BTC. This aligns with historical patterns where markets often form pivotal mid-cycle corrections before a new trend emerges.

2. Bitcoin (BTC) – Technical Outlook

Market Structure

Bitcoin continues to respect the high-timeframe ascending trendline while consolidating between major liquidity areas:

• Support: $92K → $88K
• Resistance: $100K → $108K

A weekly close below $88K would shift mid-term structure from bullish correction to potential distribution — making this week’s action especially critical.

RSI Analysis

The RSI (14) on key timeframes shows:

• Daily RSI: Forming bullish divergence — price makes new lows while RSI prints higher lows.
• 4H RSI: Oversold → Attempting recovery.
• Weekly RSI: Moderately elevated (~54), confirming macro uptrend is intact.

Interpretation:
Momentum is bearish in the short term but weakening noticeably. Divergence sets the foundation for a potential reversal if confirmed by price reclaiming $98K–$100K.

MACD Analysis

• Red histogram bars shrinking → bearish momentum slowing.
• Signal line still below zero → no reversal yet.
• A cross above zero would require BTC regaining $100K.

Liquidity Zones

BTC swept major liquidity from:

• $94,500
• $92,800
• $90,500

Remaining liquidity pools:

• Below: $88K → $85K
• Above: $100K → $106K (heavy short clusters)

A breakout above $100K may trigger a short squeeze toward $105–110K.

Key Levels

Supports

• $92,000
• $88,000
• $85,000

Resistances

• $100,000 (major psychological barrier)
• $105,500 (liquidity zone)
• $109,800 (200-day MA)

BTC Scenarios: Week 3

Bullish

• Hold above $92K
• Break $100K
• Squeeze to $105K–110K

Bearish

• Lose $92K
• Retest $88K → $85K
• Heavy volatility if macro conditions worsen

3. Ethereum (ETH) – Technical Outlook

Ethereum continues to outperform Bitcoin structurally, maintaining higher-low formations and stronger momentum signals.

RSI Analysis

• Daily RSI: Around 61 → healthy buying pressure
• RSI approaching descending trendline → breakout could accelerate momentum
• Weekly RSI stable, supporting bullish macro structure

MACD Analysis

• MACD hovering near zero → neutral momentum
• Histogram decreasing in red bars → bearish pressure fading
• ETH likely to flip bullish MACD before BTC

Liquidity Zones

Liquidity clusters indicate:

• $3,750 (recent sweep zone)
• $3,600 (high-timeframe support)
• $3,000 (major liquidity sink)

Above price:

• $4,050–$4,250 (heavy shorts)
• $4,500 (breakout wall)

Key Levels

Supports

• $3,750
• $3,600
• $3,000

Resistances

• $3,900
• $4,100–$4,250
• $5,000 (long-term target)

ETH Scenarios: Week 3

Bullish

• Hold $3,750
• Break $3,900
• Rally to $4,150–$4,300

Bearish

• Lose $3,750
• Decline toward $3,600
• Strong volatility if BTC breaks support

Read Also : Gold and Silver Prices Forecast: Will Precious Metals Hit New Records?

4. KRW Influence – Why Korean Markets Matter This Week

KRW trading pairs continue to amplify volatility — especially for ETH.

Recent patterns show:

• Increased KRW buying correlates with ETH strength
• BTC shows sharper volatility in KRW markets
• KRW inflows historically signal early reversal zones

This week, KRW traders helped stabilize ETH during liquidity sweeps — a subtle but strong bullish micro-signal.

5. Volatility Pattern – Week 3 Outlook

Expect elevated volatility due to:

• Options expiry (Nov 22)
• Expanded Bollinger Bands
• Resetting Open Interest
• High-volume liquidation clusters

This creates conditions for:

• Sudden spikes
• Violent wicks
• Fake breakouts
• Rapid liquidity hunts

Traders should expect aggressive price action around key levels.

6. Volume Profile Insight

Volume profile suggests:

• Strong BTC buying around $88K–$92K
• ETH buyers defending $3,600–$3,750
• Thinning sell volume → early exhaustion
• Low-volume gap above $100K BTC → prone to fast movement

This increases the probability of a sharp breakout once resistance is breached.

BTC & ETH Weekly Outlook – November Week 3: Final Summary

The BTC & ETH Weekly Outlook – November Week 3 reflects a market entering a decisive zone. Bitcoin shows clear signs of seller exhaustion as RSI divergence builds, while Ethereum continues to demonstrate stronger relative structure and healthier momentum.

If BTC reclaims $100K and ETH maintains support above $3,750, both assets may trigger a strong upside recovery backed by renewed spot demand and short squeezes.
A breakdown below key supports, however, may lead to deeper liquidity sweeps before any meaningful reversal.

Conclusion

BTC and ETH head into Week 3 of November with mixed conditions: fear-driven sentiment, but improving momentum signals. Ethereum leads structurally while Bitcoin forms early signs of bottoming behavior. Price action around $100K BTC and $3,750 ETH will define the week’s direction.

Expect volatility to remain high — with traders facing both opportunity and risk as liquidity pockets dictate movement.

FAQ

1. Which asset is stronger this week?

Ethereum shows stronger RSI and better structural support.

2. What’s the key level for Bitcoin?

$100K — reclaiming it unlocks bullish continuation.

3. What’s the critical support for ETH?

$3,750; losing it risks a drop toward $3,600.

4. Will volatility remain high?

Yes — especially around liquidity hunts and options expiry.

5. Is the long-term bullish trend broken?

No — macro structure remains intact for both BTC and ETH.