In this video I break down the current Ethereum price action to determine if we are seeing a true trend reversal or just another corrective bounce. I use Elliott Wave theory to analyze the daily and short-term structures, helping you identify where the market might be heading next.
The live price of Ethereum (ETH) is $1,799.91 USD (€1,577.09 EUR), marking a 1.31% increase over the last 24 hours. The cryptocurrency is currently navigating key technical resistance near the $1,804 zone while benefiting from continuous institutional inflows and core roadmap updates.
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Ethereum (ETH) Price News & Insights Today 11-7-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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Ethereum Insights Today
Institutional Inflows Gain Momentum
-ETF Demand: U.S. Spot Ethereum ETFs recorded a positive net inflow of $18.43 million.
-Fund Leaders: BlackRock’s ETHA pulled in $16.20 million, pushing its historical cumulative total to $11.178 billion.
-Fidelity Growth: Fidelity’s FETH added a steady $2.23 million in single-day net inflows.
Roadmap Upgrades Drive Long-Term Adoption
-Lean Protocol: Founder Vitalik Buterin published a structured protocol roadmap targeting quantum safety and advanced scalability through 2029.
-Next Hard Fork: Core developers are currently testing parallel transaction processing capabilities to significantly raise the block gas limit.
-Energy Drop: On-chain data highlights that Ethereum's annual power usage has plummeted to just 7.87 GWh post-merge, drawing sustainable institutional interest.
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