ETH just dumped -4.2%.

→ Trading under key MAs (50D/200D)

→ MACD still bearish

→ Whale wallets = 82% of supply = volatility risk

But… there are some bullish signals.

→ RSI is oversold

→ $700M ETF inflows (May–June)

→ Fusaka upgrade = 10x L1 scaling coming

→ Staking dynamics = rising yields on dips

Short-term pain. But long-term gain.

ETH's infra is strengthening and supply’s getting squeezed.

Volatility now... setup later.