Ethereum futures are trading around the $3,000 mark on November 19, 2025, as bearish sentiment prevails. The market is fluctuating within a range of $2,992 to $3,128.5, with sellers poised to take advantage of any minor rallies. A decisive move above $3,108 could potentially shift the short-term trend to bullish, with targets extending to $3,435 in the medium term. Traders are advised to exercise caution and manage risk, particularly around the $3,000 liquidity zone.