Ethereum's been caught in a vice lately—both the 12-hour and daily charts are squeezing hard. The daily's tighter than it's been since June 2024, which means volatility is coiled and ready to spring. When compression this extreme finally breaks, we could see some serious movement. Worth keeping an eye on the setup.
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PretendingToReadDocs
· 17h ago
Once this wave of contraction is over, we need to be able to enjoy the gains, or it will just be another false alarm.
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screenshot_gains
· 17h ago
Wait a minute, is the market really this tense? I still feel like it's the same old situation, waiting for a breakout...
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SadMoneyMeow
· 17h ago
Starting to squeeze again, huh? Can we get some real action this time...
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Frontrunner
· 17h ago
Holding it in for so long, it's about to explode. Most likely a sign of a major market move.
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ExpectationFarmer
· 17h ago
Once the break occurs, we'll have a chance. We've been holding onto this for so long that we can't hold it in anymore.
Ethereum's been caught in a vice lately—both the 12-hour and daily charts are squeezing hard. The daily's tighter than it's been since June 2024, which means volatility is coiled and ready to spring. When compression this extreme finally breaks, we could see some serious movement. Worth keeping an eye on the setup.