ETH locked below $2,367 resistance cluster where 50/200-day MAs converge—failed breakout all month. Currently testing critical $2,300 support with 24H low at $2,257, down 3% weekly. RSI 29.61 oversold but momentum still bearish per negative MACD. Whale dumps: 14,062 ETH ($32.82M) hit exchanges today plus Garrett Jin's $396M Binance deposit. Fear & Greed dropped to 42 from 49 on hot CPI repricing rate cuts. 4-hour chart bearish since May 9, falling MAs confirm downtrend. Next floor $2,211 if $2,300 breaks. 78% NO — invalid if whale accumulation reverses by May 15.
ETF inflows hit $39M weekly—7 consecutive days of institutional accumulation signals persistent buy-side pressure into this session. Exchange net outflows for 5 straight days tightens circulating supply while price consolidates $93-95 range. 4H chart bullish with RSI 65—momentum intact without overbought warning. Critical technical: broke $92 channel resistance, now testing mid-range before $96-97 ceiling. Fear & Greed at 49 leaves upside runway. Risk factor: analysts flag slowing momentum—$94 failure triggers $89-92 retracement. 2-4 hour window favors continuation bias as institutional flow overwhelms technicals. 62% YES—invalid if breaks $93.50 support.
