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Ethereum rebounds from $2,177 but weak demand and fear limit recovery amid liquidation risks.

Technical Signals
04 Nov 2026, 19:00 WIB
AMBCrypto
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Bearish
Ethereum rebounds from $2,177 but weak demand and fear limit recovery amid liquidation risks.

Ethereum's price recovered from a low of $2,177.45 to $2,339.36 after heavy selling in late October, but the overall trend remains bearish with sellers dominating. The recovery faces resistance around $2,360.70, and weak trading volumes suggest buyers are not strongly committed, keeping the risk of further declines high. Investor sentiment remains fearful, limiting buying interest, while liquidation risks between $2,275 and $2,350 could trigger sharp moves either way, with a breakout potentially pushing prices toward $2,400.

Ethereum is trading at Rp44.076.234 on Pluang, showing a 5.55% gain in the last day. Buyers currently make up 61% of order activity, with typical hold times around 108 days. These figures are as of Nov 05, 2026 00:22 WIB.

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