ETH's price action is sending mixed signals right now. On the surface, it looks like a bearish pennant could be forming—the kind of pattern traders watch closely before a potential breakdown. But here's where it gets tricky: price is still holding above the moving average, which typically points to underlying strength. So which way will it break? That's the million-dollar question. Volume is your tell here. If you see volume spike on a downside move, that pennant plays out bearish. Strong volume on the upside? Different story. Either way, pay attention to what the tape is doing over the next few sessions—it'll clarify whether this is a consolidation before the next leg up or a setup for a correction.