Bullish Flag Pattern

Ethereum has cooled after reaching the $2,800 resistance area, but several market signals continue to support a bullish medium-term outlook. Positive ETF inflows, volume behavior and the MVRV Ratio are keeping attention on a potential move toward $3,400 and, later in the cycle, $4,000.

EUR/USD has eased from its monthly high as traders digest softer US consumer inflation and wait for the next producer price inflation update. Technical traders remain focused on a bullish flag structure, the 50-day EMA and the 1.1578 resistance level as potential triggers for renewed upside.