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Ethereum falls below $2,250, hitting $2,126 amid market fears and heavy liquidations.

Market News
10 Nov 2026, 17:00 WIB
AMBCrypto
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Bearish
Ethereum falls below $2,250, hitting $2,126 amid market fears and heavy liquidations.

Ethereum recently lost its key support level at $2,250, dropping to around $2,126, marking a 15.1% decline in just one month. This decline has sparked bearish sentiment among traders, with concerns that ETH could fall below $2,000 if it fails to reclaim support soon. Despite the downturn, some experts like Tom Lee highlight Ethereum's long-term value, citing steady progress in tokenizing real-world assets and strong whale activity. However, market-wide sell-offs and high liquidation volumes, especially in Ethereum, continue to pressure prices, while US spot Ethereum ETFs have seen ongoing withdrawals since early October. Large investor movements around staked ETH suggest potential repositioning that could signal a trend reversal.

Ethereum's recent slide below $2,250 contrasts with its current price on Pluang at Rp37,485,893 as of Nov 10, 2026 22:26 WIB, where it shows a 1-day decline of 2.58%. Despite the bearish sentiment noted in the article, Pluang data reveals a strong buy interest at 69% and a typical hold time of 109 days, suggesting some investors remain confident. The market cap stands at Rp4.602,04 trillion with a 24-hour trading volume of Rp195,66 trillion, highlighting significant ongoing activity even amid price pressures.

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