Ethereum (ETH) is shown near $2,349 on the 4-hour chart, pulling back after a peak around $2,800; the chart marks support near $2,300 and a lower level around $1,790. The author says a weekly bearish engulfing pattern has broken the bullish trend, increasing the chance that the prior upward move gets retraced, and says macro/inflation fears and an Anthropic growth slowdown add to concerns.