November 12 $ETH Market Update

Are there still short-term long opportunities today?

Yesterday’s short-term long idea played out. ETH only rebounded to a high of 2100, but selling pressure above remains quite evident. After the rally, it fell back to around 2045.

The 1-hour chart still looks weak in the short term, but 2030–2050 is temporarily providing support below. You can try a long with a small position; first watch whether the rebound can break through 2100.

Of course, a rebound is just a rebound—the trend has not reversed. If 2000 breaks decisively, don’t stubbornly hold on.
#ETH

SevenSevenSeven2026-11-11 08:02:35

November 11 $ETH Market Update
Ethereum has fallen to around 2000. What should we do??
ETH has dropped sharply over the past few days, and market sentiment has turned broadly bearish, with many expecting prices to fall further.
But trading shouldn't be based solely on price movements; sentiment is also an important reference point.
On the daily chart, ETH previously saw a modest rebound at the first support level. The current price is in the second support zone I'm watching. I don't consider this a definitive bottom.
It's worth noting, though, that when bearish sentiment is widely shared and short positions become increasingly crowded, a price stabilization can easily trigger short covering and spark a rebound.
Also, ETH's Glamsterdam upgrade is still underway. The external audit results are expected to be released before November 16, and developers will discuss follow-up specification adjustments based on the audit results at their November 19 meeting. Whether this can translate into a tangible positive catalyst remains to be seen.
Trading reference: With the current price around 2060, consider opening long positions on a pullback, with a stop loss at 2000. For a short-term rebound, first watch 2100–2150; if the price holds at these levels, the next target is around 2200.
#美国10月CPI全面超预期

ETH-1.23%

Bykaranteli2 hours ago

Forced closures dropped to $241.0M on Nov 11, well under the 7 day average of $463.1M. Bets on a rise still took 60.4% of the damage, but on $BTC more shorts than longs were closed out.

BTC-0.65%

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PhoenixLittleDragon an hour ago

Last night, I said to watch 3930 for gold. It’s now only a dozen or so points away, very close to that level. But looking at the current trend, there are no bottoming or reversal candles on any timeframe. This isn’t a point to try going long. Wait for now, until a signal appears. Ideally, it gets close to 3870 without breaking below it $XAUUSD

XAUUSD-1.47%

智赢舵手 29 minutes ago

$BNB Has the short-term decline run its course? From a technical perspective, the answer leans toward “close, but a reversal is not yet confirmed.”
On the daily timeframe, MA5=674.16 has crossed below MA20=680.91, leaving the moving averages in a bearish alignment. Price at 672.92 is hugging the lower Bollinger Band at 671.25, indicating weakness but no breakdown. The MACD histogram at -1.083 remains below zero, and bearish momentum has not contracted noticeably; RSI=35.3 is approaching oversold territory but has not reached an extreme, indicating that selling pressure remains but has not ful

BNB-0.76%

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Mining_sLittleSheepan hour ago

Would you dare buy the dip on INIT at $0.12?
Hacked twice in three weeks, L1 completely halted, $3.27 million in assets stolen, and the team can’t even provide a restart timeline—just now, the price plunged from 0.39 to 0.12, down 60% in 24 hours. Is this a golden buying opportunity or a bottomless pit?

On the surface: after the crash, some people are starting to call it a “buy-the-dip” opportunity.

It plunged 70%, from 0.39 to 0.12. The chart tells you that 0.11–0.115 is the recent low, volume picked up and then fell back, and the RSI is climbing out of oversold territory. The technicals lo

ETH-1.26%

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ThisIsTranslateContent:Qiyu an hour ago

What Is Bitcoin Halving? New Coin Supply, Market Expectations, and Price Volatility

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To understand the significance of halving, we need to look at Bitcoin’s issuance mechanism, miner revenue, market expectations, and actual demand.

1. What Is Bitcoin Halving?

The Bitcoin network operates

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QianfanInformation 2 hours agoBearish

From 173.7 to 155.5 overnight, $NVDA contracts are bearish. The board met last night to discuss Jensen Huang’s future, but hasn’t announced a decision yet. Nvidia closed Wednesday at 173.73, then plunged 8.6% after hours to around 159, hitting a new 52-week low. It’s now down nearly 20% since the end of October, with $180 million in contract trading volume. The whole market is watching this. Tonight’s U.S. market open will be the real test; one word from the board could set the direction. At 161.4, it’s consolidating after the drop. Above, 169.1 is the rebound high since the fall—I’ll admit I

NVDA-0.35%

KunrenCrypto2 hours ago

$BTC $ETH Market
BTC: Rebound highs are getting progressively lower (74,979 → 74,500+ → now pulling back); long-term moving averages are trending downward from elevated levels. The bearish setup remains unchanged.
ETH: Weaker than BTC: plunged from 2,124 to a low of 2,003, then rebounded to around 2,090 before meeting resistance; now back down to 2,048.
Likely to retest lower after a weak relief bounce
Short-term trading approach: Short
BTC: Watch around 74,200; consider entering if momentum stalls
ETH: Watch around 2,075; consider entering if momentum stalls
Target reference:
BTC: First tar

BTC-0.67%

ETH+1.07%

CryptoCircleBullSays 2 hours ago

$DOGE Currently at 0.06708, down 1.19% over 24H. The 1H and 4H structures are both weak, with price below EMA20. RSI is low, but volume is only 0.27 times the average of nearly 20 bars, indicating insufficient buying support for a rebound. If price can later break above and hold the 0.06957 resistance on increased volume, watch for the strength of a short-term recovery. If it breaks below the 0.06638 support and fails to reclaim it, weakness is likely to persist. For the review, focus on whether 0.06957 can hold; if price breaks below 0.06638 and fails to recover, the bearish thesis is invalid

DOGE-0.22%

GateUser-4cc7c083 2 hours ago

ethereum:0x6c5ba91642f10282b576d91922ae6448c9d52f4e soon bottom in
20% easy from here
#PHA

ETH-1.26%

PHA+5.36%

CryptoStrategistan hour ago

You said you liked the sea.
I thought you meant the ocean, but I didn’t realize you meant the Mediterranean…

CompoundInterestIsNotNegative an hour ago

Everyone, today marks day 91 of earning a living through trading, and my current futures assets are 174U
Just hold on; don’t rush
The more impatient you are, the more mistakes you make

ThisIsTranslateContent:Qiyu an hour ago

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The transfer amount hasn’t changed, so why is the fee I pay today different from yesterday’s? Sometimes a simple transaction costs very little, while other times it comes with a much higher cost.

This involves an important concept: Gas fees.

Understanding Gas fees can help you make sense of transaction costs and make more informed decisions when using wallets, DEXs, and other Web3 applications.

1. What Is a Gas Fee?

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ETH-1.26%

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NftBigBanana 5 minutes ago

Driving out a founder is quite risky #Jensen Huang
Typical examples are Apple's Steve Jobs and Uber's Kalanick. Before Jobs returned in 1997 after being forced out in 1985, Apple's stock price had already fallen 82%
I've seen many people of insight already calling for Jensen Huang not to be driven out

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WishForColdWeather 9 minutes ago

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In the digital economy, we prove who we are every day.

Registering for a platform requires filling in personal details, applying for financial services requires submitting identity information, age verification may require uploading an ID, and accessing different systems may require repeating identity checks.

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MatthewDixon an hour ago

The fact that the market is virtually static right now is an indication in itself, that we are likely still within a corrective overlapping phase, awaiting the next stimulus to move the market in a meaningful way.
Patience is an extremely important aspect of successful trading.

SproutingAndSprouting 11 minutes ago

America's economy is facing a difficult combination: rising energy costs, weakening hiring, and persistent inflation. With oil prices climbing and fuel costs spreading through the supply chain, fears of another 1970s-style stagflation crisis are returning.

BigBigOrange 32 minutes ago

The AI industry is too fragile.

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