Ethereum tests $2,300 support as ETF outflows and whale selling weigh on ETH

Ethereum is trading near $2,300 as spot ETF outflows, whale selling and bearish technical indicators pressure the price. Analysts are watching key support levels to see whether ETH can hold this zone or extend losses. Traders care because a break below $2,300 could open further downside, while a defense of support would set up a recovery attempt.