Ethereum Price Analysis: ETH Struggles Near $2,300 as Bearish Momentum Persists – What’s Next?

Ethereum price struggles near $2,300 as bearish momentum persists, with the daily chart showing weakening technicals. ETF outflows have intensified bearish sentiment, while institutional demand remains inconsistent. Derivative data suggests leveraged positioning is adding pressure, leaving ETH vulnerable to further downside unless support holds and sentiment shifts.