Will Ethereum dip to $2,200 May 4-10?

Analysis

ETH is sitting right around $2,295 and has had days to flush toward $2,200 — it hasn't. Every intraday dip has found buyers stepping in above $2,280 and holding the line. That's not a chart that wants to go lower. The weekly and monthly charts are still pointing up. Without a real catalyst — a macro shock, a liquidation cascade, some exchange blowup — this is a market grinding sideways, not breaking down. Volume is quiet and controlled, not panicked selling. The honest bear case is wick risk. One nasty candle on thin weekend order books and suddenly the level gets tagged. That view has merit — crypto can move fast and ugly with zero warning. But three days in, the bulls have shown up every time the dip got tested. The path of least resistance is higher, and there's no fresh story to flip that. I'd back No — if there's no catalyst, there's no flush.