đ Ethereum Analysis: $2,063 Is the Last Line Before Inflation
$ETH This is an analysis of key levelsânot a recommendation to buy or sell. Prices are from Kraken on the morning of November 10.
First: Price Structure
⢠The price is now around $2,116, with a range of $2,091â$2,239 over the past 48 hours
⢠Yesterdayâs low was $2,063âthe lowest level in months, with a slower recovery than Bitcoin
⢠The ETH/BTC ratio is 0.0284âEthereum is clearly weaker than Bitcoin
Second: Key Levels
⢠Support: $2,063, then $2,000
⢠Resistance: $2,200, then $2,240
⢠The level that decides the day: $2,063âholding above it keeps consolidation alive; a break below opens the door to a deeper decline
⢠Invalidation level: A daily close below $2,063 invalidates the entire rebound thesis
Third: Derivatives
⢠Ethereum liquidations totaled $507 million in Sundayâs waveâthe most of any coin. The largest single liquidation was $48.2 million on Binance
⢠Over the last 24 hours: $48.25 million in long positions and $17.09 million in short positionsâthe calm after the storm
⢠Funding is near zeroâneither side is showing much enthusiasm ahead of inflation
Fourth: Flows
⢠Ethereum funds saw $365 million in outflowsâthe sixth consecutive week of outflows
⢠Bitcoin funds saw $12.2 million in inflows yesterdayâthe first green day after a bad week, but Ethereum still hasnât caught up
Fifth: Two-Scenario Decision Tree
⢠Consolidation: Holding above $2,063 opens the way to $2,200, then $2,240âinvalidated by a daily close below $2,063
⢠Decline: A break below $2,063 sends the price back toward $2,000âinvalidated by a close above $2,200
What does all this mean? Ethereum took the biggest liquidation hit in the wave, and its recovery is slower than Bitcoinâsâso ahead of inflation, $2,063 is the whole story.
Quick question: Do you think Ethereum will hold above $2,063 or break below it amid inflation? Reply âholdâ or âbreak.â
Source: Kraken, Coinglass, SoSoValue â November 10, 2026
#Ethereum #Crypto
$ETH This is an analysis of key levelsânot a recommendation to buy or sell. Prices are from Kraken on the morning of November 10.
First: Price Structure
⢠The price is now around $2,116, with a range of $2,091â$2,239 over the past 48 hours
⢠Yesterdayâs low was $2,063âthe lowest level in months, with a slower recovery than Bitcoin
⢠The ETH/BTC ratio is 0.0284âEthereum is clearly weaker than Bitcoin
Second: Key Levels
⢠Support: $2,063, then $2,000
⢠Resistance: $2,200, then $2,240
⢠The level that decides the day: $2,063âholding above it keeps consolidation alive; a break below opens the door to a deeper decline
⢠Invalidation level: A daily close below $2,063 invalidates the entire rebound thesis
Third: Derivatives
⢠Ethereum liquidations totaled $507 million in Sundayâs waveâthe most of any coin. The largest single liquidation was $48.2 million on Binance
⢠Over the last 24 hours: $48.25 million in long positions and $17.09 million in short positionsâthe calm after the storm
⢠Funding is near zeroâneither side is showing much enthusiasm ahead of inflation
Fourth: Flows
⢠Ethereum funds saw $365 million in outflowsâthe sixth consecutive week of outflows
⢠Bitcoin funds saw $12.2 million in inflows yesterdayâthe first green day after a bad week, but Ethereum still hasnât caught up
Fifth: Two-Scenario Decision Tree
⢠Consolidation: Holding above $2,063 opens the way to $2,200, then $2,240âinvalidated by a daily close below $2,063
⢠Decline: A break below $2,063 sends the price back toward $2,000âinvalidated by a close above $2,200
What does all this mean? Ethereum took the biggest liquidation hit in the wave, and its recovery is slower than Bitcoinâsâso ahead of inflation, $2,063 is the whole story.
Quick question: Do you think Ethereum will hold above $2,063 or break below it amid inflation? Reply âholdâ or âbreak.â
Source: Kraken, Coinglass, SoSoValue â November 10, 2026
#Ethereum #Crypto
