Ethereum (ETH) holding near $2,048, down ~0.2% in 24h after a hot October CPI print (0.4% MoM vs 0.3% expected) pushed Fed hike odds higher and triggered $258M in liquidations.
Key levels: support $2,000 — the line bulls defended after Tuesday's drop — then $1,919. Resistance at $2,100, then $2,140. RSI at 29.7 sits oversold, so a bounce is possible but the downtrend still rules.
News: US spot ETH ETFs saw $184.5M in outflows on Nov 9, the largest in over a month.
News: longer-term bulls point to Vitalik's plan to scale Ethereum L1 10x — OKX's Lennex Lai sees a path to $3,000 if it lands.
Context: Bitcoin is flat near $73,642 (-0.2%), and Solana is steady around $83 (-0.1%) — the whole market is waiting on the Fed's December decision.
Takeaway: $2,000 is the line in the sand for ETH — hold it and a relief bounce toward $2,100 opens up; lose it and $1,919 comes into play.
Stop-loss is essential. This is not financial advice — DYOR.
#ETH #BTC #SOL
Key levels: support $2,000 — the line bulls defended after Tuesday's drop — then $1,919. Resistance at $2,100, then $2,140. RSI at 29.7 sits oversold, so a bounce is possible but the downtrend still rules.
News: US spot ETH ETFs saw $184.5M in outflows on Nov 9, the largest in over a month.
News: longer-term bulls point to Vitalik's plan to scale Ethereum L1 10x — OKX's Lennex Lai sees a path to $3,000 if it lands.
Context: Bitcoin is flat near $73,642 (-0.2%), and Solana is steady around $83 (-0.1%) — the whole market is waiting on the Fed's December decision.
Takeaway: $2,000 is the line in the sand for ETH — hold it and a relief bounce toward $2,100 opens up; lose it and $1,919 comes into play.
Stop-loss is essential. This is not financial advice — DYOR.
#ETH #BTC #SOL
