ETH stalling at 50/200-day MA cluster $2,335-$2,367 after failing breakout—rejection pattern confirmed. Sentiment collapsed 71→50 (Greed→Fear) in 7 days post-CPI. Currently $2,304, weak bounce from $2,250 low. Whale accumulation at higher prices ($2,370+) now underwater. 85% NO — invalid if突破 $2,320 with volume.
$2,304 spot sits 63 handles below the 50/200-MA death cross at $2,367—price hasn't closed above that lid all month. Symmetrical triangle at $2,340 flags indecision, but sellers are parked at $2,380-$2,400 and have defended every test. Fear & Greed collapsed from 71 to 50 in a week—sentiment bleed accelerating post-CPI, not reversing. 4H structure is bearish: 50-MA falling, 200-MA declining since May 9, and the last 0.70% 24H bounce is anaemic recovery against a 175-handle weekly dump ($2,425→$2,250). No catalyst in the next 2-4 hours to punch through overhead resistance, and macro drag (yields/DXY) still live. Triangle compression usually resolves to the trend—trend is down. Expect drift toward $2,290-$2,300 support or continuation of sideways chop below $2,340. 68% NO — invalid if ETH breaks $2,360 with volume confirmation.
