ArcaneCat

$ETH bounced hard off the $2,000 level after the hot US CPI print (headline +0.4% vs +0.3% expected, core +0.3% vs +0.2%) sent the whole market lower. ETH tagged $2,010 on Nov 10 and buyers stepped in immediately, pushing price back above $2,040 — a clear wick rejection at the round-number support analysts flagged all week.
Why this setup: ETH is down ~4% in 24h with the market, but $2,000 held with a buying reaction and price is stabilizing above $2,040. BTC also reclaimed $73,800 after dipping below $73,000, easing panic selling. Risk/reward favors a long here with a tight invalidation just below $2,000.
Setup:
Direction: LONG $ETH
Entry: $2,040 - $2,060
SL: $1,985 (below $2,000 support)
TP1: $2,135
TP2: $2,240
Invalidation: a daily close below $2,000 — exit, next support $1,800.
Risk warning: CPI aftershocks and continued ETF outflows ($93M left ETH ETFs yesterday) can still push price lower. Size small and never risk more than you can afford to lose.
#Ethereum #ETH #CryptoTrading
Not financial advice.

Bitcoin is holding the $73.000-73.200 zone after a drop caused by hotter-than-expected CPI — this is the 200-day MA, a key trend-defining level. If this zone holds, a rebound may follow; if it breaks, the way opens toward $70.000.
Reference setup — Long BTC (playing a rebound at support):
- Entry: $73.200-73.600
- SL: $72.700 (below the session low and MA200)
- TP1: $75.000 | TP2: $76.000
- Condition: enter only if the price holds above $73.200 and buying pressure returns. A daily candle close below $73.000 invalidates the setup.

U.S. CPI rose 0.4% in October, above the 0.3% forecast; core CPI rose 0.3%, versus expectations of 0.2%. The hotter-than-expected data sent Bitcoin down to around $73,500, its lowest level in 11 weeks.
Bitcoin fell to $73,494 within just 5 minutes of the data release and is now trading around $73,600. Ethereum dropped to $2,040–2,060 (-4%), XRP to $1.06, and Solana to $83.5.
A sudden drop wiped out around $200 million in leveraged positions in just 5 minutes, all of them longs. Total liquidations over 24 hours reached ~$716 million, with more than 121,000 traders liquidated.

Bitcoin fell below $75,000 during the Nov. 10 session and is currently trading around $74,700, down 2.2% for the week. Ethereum is around $2,110 (-6% for the week), XRP at $1.09, and Solana at $86.
Nearly $1.2 billion in leveraged positions were liquidated over 24 hours, mostly long positions ($1.04 billion). ETH led with $505 million in liquidations, surpassing BTC ($318 million).
Pressure came from stronger-than-expected U.S. jobs data, boosting expectations of tighter monetary policy, along with outflows from ETFs: BTC -$412 million and ETH -$93 million for the day.