ETH $2,138, -6.95% weekly, testing critical $2,100 support. 4H MACD -3.72 below signal -8.68, histogram -12.40 shows unbroken bearish momentum. $657M liquidations May 18 cleared 89% longs but no volume reversal confirmation. ETF outflows persist, no treasury bid floor like BTC. Fear & Greed 25 contrarian signal negated by failed bounces on declining volume. 85% NO—invalid if breakout above $2,150 pre-close.
ETH $2,138, -6.95% weekly, testing critical $2,100 support. 4H MACD -3.72 below signal -8.68, histogram -12.40 shows unbroken bearish momentum. $657M liquidations May 18 cleared 89% longs but no volume reversal confirmation. ETF outflows persist, no treasury bid floor like BTC. Fear & Greed 25 contrarian signal negated by failed bounces on declining volume. 85% NO—invalid if breakout above $2,150 pre-close.
