ETH trapped below $2,367 MA convergence after clean week-long dump from $2,425. Exchange inflows spiked 590K ETH since May 5, Garrett Jin alone deposited $1.35B to Binance. CPI macro shock absorbed 3x BTC's drop. Only 15% bullish technicals, $2,300 weekly support fragile. [72]% NO — invalid if reclaim $2,367.
$2,304 entry rejected at $2,367 resistance all month. $131M ETF outflow yesterday, BlackRock dumped $102M—institutions fleeing. 4H chart shows breakdown pattern below $2,320, one-directional selling post-CPI with no bid. Macro headwinds (hot CPI, oil rally) crushing risk-on. 78% NO—invalid if surprise catalyst breaks $2,350.
