📉ETH short-term bearish, the 2,000 level faces another test
Snapshot at 17:24 Beijing time on November 11: ETHUSDT at 2,055.68, down 2.13% over 24 hours, with a trading volume of $9.4 billion and a funding rate of +0.0035% per 8 hours. The rebound remains under pressure. Market data (https://finderside.com/symbols/ETHUSDT/)
The 17:18 futures snapshot shows open interest at about $4.7 billion, up 1.9% over 24 hours, and a 1-hour taker buy/sell ratio of 0.77. Spot 1-hour RSI is 44.6, indicating selling pressure is dominant, but a bullish divergence in the 4-hour MACD signals the risk of a rebound. Indicator data (https://closedcandle.com/coin/eth)
Over the next 4–24 hours, ETH is likely to test support at 2,004–2,000. A break below that level would put 1,980 in focus. Resistance is at 2,083–2,110. A high-volume move above and hold over 2,110 would invalidate the bearish outlook, with 2,152 as the next upside target.
#ETH #ETHUSDT #以太坊 #MarketAnalysis
Snapshot at 17:24 Beijing time on November 11: ETHUSDT at 2,055.68, down 2.13% over 24 hours, with a trading volume of $9.4 billion and a funding rate of +0.0035% per 8 hours. The rebound remains under pressure. Market data (https://finderside.com/symbols/ETHUSDT/)
The 17:18 futures snapshot shows open interest at about $4.7 billion, up 1.9% over 24 hours, and a 1-hour taker buy/sell ratio of 0.77. Spot 1-hour RSI is 44.6, indicating selling pressure is dominant, but a bullish divergence in the 4-hour MACD signals the risk of a rebound. Indicator data (https://closedcandle.com/coin/eth)
Over the next 4–24 hours, ETH is likely to test support at 2,004–2,000. A break below that level would put 1,980 in focus. Resistance is at 2,083–2,110. A high-volume move above and hold over 2,110 would invalidate the bearish outlook, with 2,152 as the next upside target.
#ETH #ETHUSDT #以太坊 #MarketAnalysis