Ethereum (ETH) has experienced a 1% increase, reaching $3,875 as of early November, driven by significant whale activity. Large holders have accumulated an additional 200,000 ETH within 48 hours, indicating renewed market confidence. Despite this, Ethereum is approaching a potential death cross, with the 20-day and 100-day exponential moving averages (EMAs) nearing convergence. If confirmed, this technical pattern could lead to a price decline to $3,680. Conversely, continued whale buying might propel ETH prices to $4,069 and higher.