ETH above $2500, up about 5% over the past 24 hours, hitting a new high since the August rally. Bulls are lining up: the daily chart has formed a flag-style consolidation—once the upper trendline around $2550 breaks out with strong volume, the measured target points straight to $2800. The RSI is at 64 with room to move higher. Below, $2400 is the bulls’ line in the sand; as long as it holds, the medium-term path toward $3000 is still on. Flows are also cooperating: the September ETH spot ETF saw net inflows of $106 million, and last month already pulled in $1.85 billion. The ETH treasury company backed by Tom Lee also added 30,000 ETH, about $75 million. On-chain MVRV is also pressing toward the zero axis—historically, this level appeared before the move from $2500 up to the all-time high at $4755. Of course, a flag isn’t a guaranteed “get-out-of-jail-free” card: if it breaks down below $2400 on rising volume, the entire bullish structure is invalidated. In other words, everything hinges on that one volume breakout candlestick. Which side are you on: first $2800, or first a break below $2400? $ETH