ETH trapped at $2,340 inside symmetrical triangle with 50/200 DMA convergence at $2,361-$2,367—price below both averages signals bear control. 4H chart confirms bearish MA cross, Tuesday saw -3% dump to $2,259 with rejection at $2,400 resistance. Immediate technical ceiling at $2,290-$2,311 caps upside into 12:45-1:00PM window. RSI 53.96 neutral—no oversold bounce catalyst. Fear/Greed 48-49 range provides zero edge. Iran ceasefire collapse + 3.8% CPI print triggering risk-off flows out of volatile assets. ETF inflows April reversed 6-month bleed but that's monthly data—irrelevant for 15-minute window. Intraday support $2,260 already tested, momentum exhausted. Volume profile thin above current level. Orderbook depth favors sellers. Expecting consolidation or grind toward support rather than breakout. MA rejection probability 68% based on hourly candle structure. [62% NO — invalid if geopolitical headline catalyst prints]
ETH trapped at $2,340 inside symmetrical triangle with 50/200 DMA convergence at $2,361-$2,367—price below both averages signals bear control. 4H chart confirms bearish MA cross, Tuesday saw -3% dump to $2,259 with rejection at $2,400 resistance. Immediate technical ceiling at $2,290-$2,311 caps upside into 12:45-1:00PM window. RSI 53.96 neutral—no oversold bounce catalyst. Fear/Greed 48-49 range provides zero edge. Iran ceasefire collapse + 3.8% CPI print triggering risk-off flows out of volatile assets. ETF inflows April reversed 6-month bleed but that's monthly data—irrelevant for 15-minute window. Intraday support $2,260 already tested, momentum exhausted. Volume profile thin above current level. Orderbook depth favors sellers. Expecting consolidation or grind toward support rather than breakout. MA rejection probability 68% based on hourly candle structure. [62% NO — invalid if geopolitical headline catalyst prints]
