Ethereum (ETH) Trending Analysis
11 November 2026 | $ETH
/$BTC #HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CanNvidiaEarningsEaseMarketConcerns?
Short-term bearish
Current Price: Approximately $2,058.
Market Analysis: Ethereum is facing selling pressure following higher-than-expected US inflation data. ETF outflows and weak market sentiment are adding pressure to ETH.
CoinMarketCap+1
Key Levels:
Support: $2,005
Resistance: $2,085–$2,104
Market Outlook: Holding support could trigger a recovery, while breaking below $2,005 may lead to further downside.
My Strategy: Wait for a confirmed breakout before entering a trade.
11 November 2026 | $ETH
/$BTC #HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CanNvidiaEarningsEaseMarketConcerns?
Short-term bearish
Current Price: Approximately $2,058.
Market Analysis: Ethereum is facing selling pressure following higher-than-expected US inflation data. ETF outflows and weak market sentiment are adding pressure to ETH.
CoinMarketCap+1
Key Levels:
Support: $2,005
Resistance: $2,085–$2,104
Market Outlook: Holding support could trigger a recovery, while breaking below $2,005 may lead to further downside.
My Strategy: Wait for a confirmed breakout before entering a trade.
