ETH bleeding at $2,304, sitting 63 bucks under the converged 200-day MA ceiling at $2,367—clean rejection zone. 4H chart bearish, 50-day and 200-day both falling since May 9. Down 3% weekly with zero buyer conviction post-CPI shock. Fear/Greed collapsed 21 points in 7 days (71→50), now at Fear threshold. RSI neutral at 47 but volume dead—no bid stepping in. Hot CPI + rising DXY + Treasury yields = macro guillotine. Whale accumulation ($322M) offset by ETH Foundation's 21K unstake supply dump. BTC only ate -1.2%, ETH triple-bled at -3%+. Momentum broken, support at $2,250 next. Expect continued bleed into close. [72% NO — invalid if sudden volume spike above $2,367]
ETH at $2,304 sitting $63 below converged 50/200-day MA resistance at $2,367, rejected every close attempt this month. Weekly down 3% heading into close—losing $2,300 weekly confirms bear structure with $2,211 EMA as last floor before $2,100. Hot CPI repricing rate cuts, oil pressure adding macro weight. F&G at 42-49 neutral—no buyers stepping in. Early-May whale accumulation ($322M/140k ETH) already absorbed by selloff, not defending spot here. 4-hour window too short for bullish reclaim, momentum favors drift or breakdown. [68% NO — invalid if sudden macro reversal or whale bid wall materializes above $2,300]
