2025-12-17 14:23:27

ETH is showing textbook bear flag formation right now. 📉

If this pattern plays out as expected, we're looking at a clean bearish continuation setup. The structure is pretty much textbook—lower highs, consolidation, classic distribution vibes.

Here's the thing though: what's the dev team's plan here? More importantly, what are traders watching for? 🤔

It's moments like these where technical levels matter. Break below key support and we could see some real selling pressure. The chart doesn't lie—either we hold this zone or we're heading lower.

ETH-0.37%

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SchrödingersNode

· 14h ago

Bear flag? Coming again? I said the same thing last year, and what happened? Haha Breaking support levels doesn't mean much; it mainly depends on official actions... I think this wave is a bit fake. The chart has lied quite a few times, friends.

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BearMarketMonk

· 12-17 14:52

What cannot be held will always repeat in history. --- The term "textbook pattern" is funny; the market never follows the textbook. --- Looking at this rhythm, those who should have cut early already did, and those left are gambling. --- Support level? Ha, the next support is waiting even lower. --- The development team's plans can't compete with market sentiment; this is the cruelty of cycles. --- A bear flag pattern is just a bear flag pattern; anyway, what should come will come. --- Honestly, the chart shows that the trader's psychology is the real lie. --- At the moment of breakdown, you know who is swimming naked. --- It's just classic signs of distribution and the next round of shakeout, cycling back and forth. --- When real selling pressure appears, it's too late to regret.

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