$ETH ⚡ Cryptocurrency Market Overview — November 17, 2025

1. Bitcoin (BTC)
Bitcoin is still the undisputed king of the cryptocurrency market. Despite recent volatility, it still serves as a "store of value" in the encryption ecosystem.
According to recent market analysis, BTC fell below $105,000 at the beginning of November, highlighting a correction after a strong upward trend.
However, there is cautious optimism: some analysts believe that if buyers enter at the current support range of Bitcoin, a bullish trend may occur in November.
From an institutional perspective, the role of Bitcoin is evolving—it is increasingly correlated with traditional financial markets, reflecting the growing adoption by large investors.
2. Ethereum (ETH)
Ethereum is also facing pressure: recent market trends indicate that the decline of ETH has exceeded some people's expectations.
Due to the rising fear sentiment in the market, investors tend to prefer BTC over encryption, thus the decline of altcoins including ETH is partly due to the "risk aversion" sentiment.
Nevertheless, the fundamentals of Ethereum remain strong: its network is a core part of decentralized finance (DeFi) and also an important component of the infrastructure for tokenization and real assets (RWA).
On-chain, ETH continues to play an important role in decentralized finance and smart contract activities, supporting a large part of blockchain innovation.
3. Solana (SOL)
Solana has shown significant volatility recently. According to reports, SOL has dropped more than BTC and ETH in the past few weeks.
One of the biggest stories recently: Bitwise launched the first U.S. spot Solana ETF (BSOL) on October 28, 2025, raising ( thousand in the first week.
The development of this ETF is substantial—it signifies the growing confidence of institutions in Solana and could potentially bring significant capital to SOL over time.
About the price: According to historical data, the recent level of SOL was around $140–150 in mid-November ).
According to the forecast, SOL may stabilize around $140.48 on November 17, 2025, assuming the current trend continues.
Redemption: In the cryptocurrency community, some believe that the current drop in SOL is not just a "sell-off," but a consolidation after ETF-driven speculation, referred to as a "normal market breathing" phase.
Despite the decline, long-term believers point to Solana's strong technical roadmap—upcoming upgrades like "Alpenglow" $420 for faster finality ( and "Firedancer" ) for higher TPS ( may significantly enhance Solana's capacity and competitiveness.
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✅ Key Points and Strategic Insights
Risk and Return: Currently, the market is somewhat risk-averse, especially with SOL and ETH facing greater pressure than Bitcoin. This makes BTC a defensive investment, particularly suitable for more conservative encryption investors.
Institutional Shift: The launch of the Solana ETF is a significant structural development. If more capital flows into SOL through the ETF, it could support a long-term upward trend—but volatility may persist in the short term.
The Long-Term Vision of ETH and SOL: For those focused on practicality and innovation, Ethereum and Solana continue to demonstrate a strong narrative. Ethereum leads in DeFi and tokenization, while Solana offers speed and an appealing upgrade path.
Pay attention to key levels:
For BTC: Monitor the support around $100K–$105K. If this area holds, pay attention to potential bullish accumulation.
For SOL: Key support seems to be around $140–145; if it breaks, it could lead to deeper consolidation, but if ETF inflows continue, a bounce here could provide a good entry opportunity.
For ETH: Pay attention to its performance relative to Bitcoin and monitor any macro or liquidity-driven trends that may affect the demand for altcoins. )