$ETH lost $2,000 and printed its lowest level since August. Fear & Greed: 13.
What's pushing it:
- US spot ETH ETFs: 6 straight days of outflows. ~$524M left Nov 5–11 alone, $129.8M from BlackRock's ETHA on Nov 11 (Farside)
- PPI hit 6.5% y/y, highest since 2022. A December Fed hike is fully priced
- >$1.3B crypto liquidations in 24h, mostly longs
Price: $1,933 (Binance, 07:15 ICT), −4.1% 24h, low $1,896. Wilder RSI 1D 24.7 / 4H 30.1. Deep oversold, still under every EMA.
My plan, small size only:
Bid $1,855–1,885 (Jul–Aug range floor)
SL $1,815
TP $1,985 / $2,050 / $2,100 (2.1R / 3.3R / 4.2R)
Daily close under $1,820 = no trade, next demand $1,750–1,780
NFA. DYOR.
Do you buy $ETH at RSI 25, or wait for ETF flows to turn first?
What's pushing it:
- US spot ETH ETFs: 6 straight days of outflows. ~$524M left Nov 5–11 alone, $129.8M from BlackRock's ETHA on Nov 11 (Farside)
- PPI hit 6.5% y/y, highest since 2022. A December Fed hike is fully priced
- >$1.3B crypto liquidations in 24h, mostly longs
Price: $1,933 (Binance, 07:15 ICT), −4.1% 24h, low $1,896. Wilder RSI 1D 24.7 / 4H 30.1. Deep oversold, still under every EMA.
My plan, small size only:
Bid $1,855–1,885 (Jul–Aug range floor)
SL $1,815
TP $1,985 / $2,050 / $2,100 (2.1R / 3.3R / 4.2R)
Daily close under $1,820 = no trade, next demand $1,750–1,780
NFA. DYOR.
Do you buy $ETH at RSI 25, or wait for ETF flows to turn first?
