ETH Under $2,000: Higher Low or Breakdown? The Levels I’m Watching

ETH fell under $2,000 on November 13 for the first time since August. It traded near $1,920 in early Asian hours, down about 6% in a day. Three things hit at once. Tech sold off after Jensen Huang’s exit from Nvidia, Fed hike odds rose and ETF outflows kept coming. Leverage did the rest. Liquidations wiped out about $259 million in ETH positions, mostly longs. A few weeks ago the chart looked bullish. Now every scenario is back on the table. So the real question is simple: does ETH print a higher low here, or does it break down?