ETH traded $2,287-$2,304 at 9:15AM ET, already down 3% week-over-week with unbroken selling pressure from $2,425→$2,250. The 50/200-day MA convergence at $2,367 has rejected every daily close attempt this month—bulls have zero follow-through. Spot ETF outflows hit $131M Tuesday + $17M Monday, institutional sellers dumping aggressively. CPI-triggered macro headwind crushed risk-on positioning, oil spiking compounds the pressure. Symmetrical triangle at $2,340 shows sellers defending $2,380-$2,400 upper trendline, no breakout catalyst materializing before 5PM ET. Resolution needs $2,370+ close with volume, but intraday VWAP at $2,295 and resistance stack at $2,320/$2,350 blocks any rally attempt. 82% NO — invalid if sudden liquidity flush above $2,370.
