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Ethereum (ETH) Slips Below $2.3K After Rejection at $2.5K Supply Zone

COINOTAG·November 5, 2026·1 min read
Ethereum (ETH) Slips Below $2.3K After Rejection at $2.5K Supply Zone

Ethereum fell about 7% in 24 hours to $2,267 after a rebound stalled at the $2.5K supply zone. The Coinbase Premium Index remains below zero, indicating weak US buying pressure. ETH faces further downside risk if the $2.3K level fails to hold.

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