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.