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Ethereum dips below $2,000 amid heavy ETF outflows and trader uncertainty on support levels.

Market News
13 Nov 2026, 04:08 WIB
Crypto Economy
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Bearish
Ethereum dips below $2,000 amid heavy ETF outflows and trader uncertainty on support levels.

Ethereum's price fell below $2,000 on November 12, dropping to a low of $1,983.82 amid significant selling pressure and ETF outflows, particularly from BlackRock's ETHA fund which saw $129.8 million withdrawn. This decline marks a continuation of a bearish trend with Ether trading below key support zones around $2,100 and $2,200. Traders are closely watching the $2,000–$2,100 range, considered a critical 'bull market line,' to determine if this level will hold as a floor or if deeper corrections are likely. Institutional selling and liquidations of leveraged positions have intensified the downward pressure, raising concerns about short-term recovery prospects for Ethereum.

Ethereum's market cap on Pluang stands at Rp4.480,48 trillion as of Nov 13, 2026 09:21 WIB, with a 24-hour trading volume of Rp190,24 trillion. The price is down 2.03% over the past day to Rp36.519.947, while Pluang users show strong buying interest with 83% of order activity favoring buys. Typical hold time for Ethereum on Pluang is 109 days, indicating a medium-term investment horizon among users.

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