Ethereum's price fell more than 2% to $2,062 following hotter-than-expected US inflation data, which raised concerns about potential Federal Reserve interest rate hikes. The decline was intensified by significant liquidations totaling over $258 million, mostly from long positions, and $184.6 million in outflows from US spot Ethereum ETFs led by BlackRock. Despite some large holders like 7 Siblings and BitMine accumulating Ethereum, overall market sentiment remains bearish, with Ethereum facing key support near $2,000 and potential recovery levels at $2,130 and $2,200. Upcoming inflation data and the Federal Reserve's December meeting will be critical for Ethereum's price direction.
Ethereum's price on Pluang is currently Rp37.335.064, down 2.73% as of Nov 11, 2026 12:31 WIB, showing a sharper decline compared to the article's noted drop to $2,062. This places Ethereum below its recent highs but still above critical support levels mentioned in the news. The market activity on Pluang is nearly balanced with 49% selling and 51% buying, reflecting cautious sentiment amid ongoing volatility.
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