ETH trading $2,107 with 2-4hr window to spike +$83 (+3.9%) into $2,190 target. 24h high printed $2,192.13 but sharply rejected — that rejection IS the signal. Fear & Greed at 25 (extreme fear) typically flags capitulation lows, but no reversal confirmation on any timeframe. 2H chart broke ascending trendline, daily MA confluence screaming 11 Sell vs 1 Buy. Support cluster $2,080-$2,100 acting as magnet, not resistance. On-chain shows whale accumulation at lower levels — they're bidding BELOW current, not chasing. Spot/ETF net outflows confirm distribution phase. If whales wanted $2,190, they'd have defended $2,150 support. They didn't. Intraday volatility compressed post-rejection; no volume expansion on bounces. Timeframe kills any mean-reversion thesis — need 240 bps in <4hr with no catalyst, no bullish divergence, no momentum shift. Rejection wick at $2,192 is resistance now, not breakthrough. 78% NO — invalid if sudden macro shock or exchange spoofing drives artificial spike.
