Ethereum (ETH) price corrected more than 2% to around US$2,062 in 24 hours after US October inflation data came in higher than expected. US spot Ethereum ETF outflows reached US$184.6 million on November 9, 2026, adding selling pressure to the market. Ethereum position liquidations reached more than US$258 million, with long positions accounting for about US$192 million. Technically, ETH/USDT shows potential for a technical rebound after testing the 0.618 Fibonacci support at around US$2,000 and forming a rejection wick. As long as it can hold above US$2,000, Ethereum has the opportunity to test the 0.382 Fibonacci resistance at around US$2,300. $ETH