Also, it seems like you might be a bit anchored to the low end of the smartwatch price spectrum from your own preferences, but I don't think it's particularly expensive among major smartwatch brands. Apple has by far the biggest market share, but I also tried to piece together how it compared to other companies with leading market share according to this chart[0]. It's a couple years out of date, but from looking at more recent data I don't think the market leaders have changed all that much. I might have made some mistakes navigating the websites of the various brands to piece together the comparison.
1) Apple - $150 is cheaper than all their models 2) Samsung - cheaper than all but one model 3) Huawei - similar to their second cheapest 4) imoo - $20 more than their cheapest model 5) amazfit - the cheaper brand you already mentioned 6) Garmin - cheaper than all their models
You're already using the cheapest smartwatch brand in those top 6 brands, so while $150 might feel expensive to you it's actually on the cheaper end of major smartwatch brands.
As a side note, this was all a bit interesting to learn about as someone dedicated to my $15 casio dumb watch.
[0]https://www.statista.com/chart/15035/worldwide-smartwatch-sh...