ETH 4H StochRSI just hit 1.16 — that’s the most oversold reading in weeks. Meanwhile 9,012 ETH flowed into exchanges today. Someone’s getting a deal or getting wrecked.

Two readings that shouldn't coexist but here we are.

4H StochRSI at 1.16. That's not just oversold, that's practically on the floor. Last time it got this low we bounced hard.

But today 9,012 ETH hit exchanges as net inflow. That's sell pressure. CVD is falling at -496. Sellers are active.

So who wins — the oversold bounce or the exchange inflows?

Here's what I'm watching. That whale address 0x28c6c062 moved multiple 8K-11K ETH chunks again. Big money is still repositioning. Direction unclear but the size is institutional.

Pectra upgrade is 33 days away. That's close enough to start pricing in but far enough that nobody's panicking about it yet.

Daily MACD is still positive at +18.4 and ADX is 40.6 which is a strong trend reading. The daily structure hasn't broken — the 4H is just getting washed out by the Iran news selloff.

My read: this is a shakeout within a recovering structure, not a trend reversal. But I said the same thing two weeks ago and got humbled so take that with salt.

Waiting for 4H StochRSI to cross back above 20 before doing anything.