ETH trading $2,304 after clean selloff from $2,370, critical resistance cluster at $2,367 (50/200-day MA) rejected all month. 29 bearish vs 2 bullish indicators, RSI 47.05 neutral—no oversold bounce. Whale distribution pressure: 14,062 ETH dumped to exchanges today, $396M from Jin wallet fueling momentum. F&G 49→50 neutral deterioration (not extreme), hot CPI macro headwinds via yields/USD. 4hr window targets $2,250-$2,280 support unless reclaim $2,300+ fails. 68% NO — invalid if reclaim $2,310 with volume.
