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Ether (ETH) drops 6.9% against Bitcoin (BTC) amid bearish signals and key resistance at $2,320.

09 Nov 2026, 17:32 WIB
Tokenpost
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Bearish
Ether (ETH) drops 6.9% against Bitcoin (BTC) amid bearish signals and key resistance at $2,320.

Ether (ETH) fell 6.9% against Bitcoin (BTC) over a recent seven-day period, indicating weaker performance relative to BTC. Technical charts from November 6 showed ETH trading below its 50-day and 200-day moving averages, with resistance near $2,320. On November 9, Ether hit an intraday low of $2,093.15 during a decline, reflecting bearish market sentiment. These movements suggest continued pressure on ETH prices in the near term.

While Ether has fallen 6.9% against Bitcoin over the past week, Bitcoin on Pluang trades at Rp1.360.252.512 as of Nov 09, 2026 22:42 WIB, showing a modest 0.89% decline in the last day. Bitcoin's circulating supply is near its maximum at 20.1 million BTC, with a strong buy interest of 63% among Pluang users. This contrasts with Ether's recent weakness and suggests Bitcoin remains the preferred asset in the current market environment.

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