Ethereum’s Steep November Drop Signals Market Reset, Preceding Renewed Strength

Ethereum experienced its second-worst November on record, falling -22.38% according to data. This decline aligns with historical patterns where deep monthly losses have served as a market cleansing event, clearing excess risk and setting the stage for renewed growth. As seen in previous cycles, the latest downturn mirrors the structure observed in 2018 and 2022’s major downturns, leading to subsequent price surges.