ETH hovering $2,287-$2,304 at 9:15 AM ET, ~$80 below the critical 50/200-day MA convergence at $2,367—hasn't closed above it all month. Symmetrical triangle compression around $2,340 with sellers defending $2,380-$2,400, but momentum is bearish: sold off every day from $2,425 to $2,250, down 3% weekly. Fear & Greed dropped from 71 to 50 in days—sentiment deteriorating fast. Losing $2,300 on this 4-hour window risks breakdown toward $2,211 (50-day EMA). Whale accumulation (~140k ETH early May) hasn't triggered reversal yet; CPI-driven selling pressure dominates intraday. [68% NO — invalid if breach above $2,340 with volume spike].
