Ethereum Slides Toward $1,826 as Long Liquidations Mount

Market news Bearish bias Nov 14, 2026, 15:33 UTC

Marcus ReedTechnical Analysis Lead · ForexR analyst

Ethereum has dropped 4.97% to $1,831.56 amid reported long liquidations across crypto futures, pressing price down to within $5.48 of S2 support at $1,826.08 with momentum and trend readings all pointing lower.

Sharp Sell-Off Drags Ethereum Toward Session Lows

Ethereum is changing hands at $1,831.56 during the London and New York overlap, down $95.85, or 4.97%, from the previous close of $1,927.41. The day's range has run from a high of $1,933.09 to a low of $1,828.37, a spread of $104.72 that has already pushed past the 14-day average true range of $96.11, equal to roughly 109% of that average. Price sits between the S2 pivot at $1,826.08 and the S1 pivot at $1,876.82, and it is now just $5.48 above S2, with S1 a more distant $45.26 overhead.

Yesterday's session, by contrast, ranged $121.62 between a high of $2,018.59 and a low of $1,896.97 before closing at $1,927.55. Today's decline has carried price well through that prior range and down toward the $1,800 round-number zone that sits just above the S3 pivot at $1,755.20.

Liquidation Cascade and Wider Crypto Weakness

These are topics being reported in the newsflow, not demonstrated drivers of today's price action. Tokenpost has run a series of reports on long-liquidation events hitting Ether futures on Binance, part of a broader wave the outlet described as a one-hour, crypto-wide liquidation spike led by Ether. The same publisher also reported weakness spreading across other large-cap tokens, with BNB said to have fallen below the 600 USDT mark alongside declines in Bitcoin and Solana. Separately, Bitcoinist reported that the share of Ethereum's circulating supply locked in staking has reached a new high, a theme distinct from the liquidation-driven selling and one that speaks to holder behavior rather than today's price move.

News sentiment on ETH/USD is running bearish, with the opportunity read at -34; an alert tied to that measure also flagged a swing from -34 to -14 over the past 24 hours, underscoring how quickly the tone of coverage has been shifting. This is a read on media mood, not trader positioning or a forecast.

Technical Picture: Momentum and the Pivot Ladder

Every trend reading available points the same way. The daily chart is in a downtrend with price below both the 20-day EMA at $2,195.89 and the 200-day EMA at $2,293.50, and the daily RSI(14) stands at 24.4. The four-hour and one-hour charts are also classified as down, with four-hour EMAs at $1,964.62 (20-period) and $2,064.82 (50-period), and one-hour EMAs at $1,900.46 and $1,940.46 — all sitting above current price. Ethereum is down 13.78% over the past five trading days and 22.25% over the past twenty, with the five-day range running from $1,896.97 to $2,157.55 and the twenty-day range from the same $1,896.97 low up to $2,445.67. A pivot point calculator shows the full ladder in context: the daily pivot at $1,947.70, resistance at R1 $1,998.44, R2 $2,069.32 and R3 $2,120.06, against support at S1 $1,876.82, S2 $1,826.08 and S3 $1,755.20. Given how far today's range already extends relative to the 14-day ATR, the ATR and volatility guide is a useful reference for sizing up how stretched a daily move like this one is.

Short-Term Scenarios

A break below S2 at $1,826.08 would open the way toward S3 at $1,755.20; a recovery back above the daily pivot at $1,947.70 would invalidate that path. On the other side, a reversal that clears R1 at $1,998.44 would open the way toward R2 at $2,069.32, with the same daily pivot at $1,947.70 serving as the level that would undercut that case. Either path spans $70.88 from trigger to target. Readers mapping either scenario against position sizing may find the risk and reward calculator useful for working through the numbers on their own terms.

What's Next and Bottom Line

There are no scheduled calendar events on the books for Ethereum at this time; the next fixed marker on the clock is the London close at 16:00 UTC, after which New York will trade alone into the rest of the day. With the daily, four-hour and one-hour trends all aligned lower, the RSI near 24, and price sitting within $5.48 of S2 support, the near-term structure leans bearish, though the reported liquidation wave and shifting news sentiment mean conditions could move quickly in either direction from here.