ETH price to $1.2K? Ethereum's PoS 'deflation' ends with fees at all-time lows

Ether’s (ETH) price printed a bear flag on the daily chart, a technical chart formation associated with strong downward momentum. Could this bearish setup and decreasing transaction fees signal the start of the second leg of ETH’s drop toward $1,200?Ethereum’s network activity slumpsThe market drawdown, fueled by US President Donald Trump’s tariff threats, saw Ether’s price drop by nearly 50% from a high of $3,432 on Jan. 31 to a 16-month low of $1,750 on March 11. While ETH has rebounded 18% since, it failed to produce a decisive break above $2,000 for a second time in less than 10 days source: https://cointelegraph.com/news/eth-price-1-2-k-ethereum-pos-deflation-fees-all-time-lows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound