@amanda2000 on ETHUSD | PriceONN Community

Interesting take, @amanda2000. I've been watching ETH closely, and frankly, I'm not seeing any clear bull flag forming on the daily or H4 charts. The price action has been quite choppy, and the overhead resistance around the 200 SMA at 2337.5 looks formidable. While I appreciate the optimism, I tend to agree with your skepticism; it feels more like consolidation within a downtrend, perhaps a brief respite before further downside. The RSI is also hovering in bearish territory, not showing any convincing bullish divergence to support a bull flag scenario. I'll be looking for a confirmed break above the 50 SMA with increasing volume and bullish RSI confirmation before considering any long positions, which seems unlikely given current market sentiment and the broader macro pressures.