Looking at the technicals of ETH, a K-line has just formed on the 2-day chart, and the Bollinger Bands are already in an extreme squeeze. Looking down to the 1-day chart, it is also in a low squeeze with no room for further contraction. The 12-hour level is also in a low squeeze. Based on the rhythm, the next K-line should move towards an extreme squeeze. Expanding to the 3-day chart, it is also in an extreme squeeze situation. Multiple timeframes are showing this highly compressed pattern, indicating that the market is accumulating energy. Once the breakout direction is confirmed, there could be significant volatility.
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PerpetualLonger
· 15h ago
The Bollinger Bands are so squeezed, isn't that a signal to take off? I've already fully committed and held steady. This breakout can only mean a bearish trend. The retail short-sellers should wake up.
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BearMarketBuilder
· 15h ago
Once again, it's extremely crowded. Every time, they say it's about accumulating energy. But what’s the result?
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NftDeepBreather
· 15h ago
The Bollinger Bands are squeezed to the limit, and this multi-timeframe resonance might really trigger something.
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FOMOSapien
· 15h ago
Ah, the Bollinger Bands are starting to squeeze again. It always causes such turbulence.
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MidnightGenesis
· 16h ago
On-chain data shows multi-cycle squeezing... The interesting part is that, based on past experience, this pattern is often a quiet period before late-night deployments, worth monitoring.
Looking at the technicals of ETH, a K-line has just formed on the 2-day chart, and the Bollinger Bands are already in an extreme squeeze. Looking down to the 1-day chart, it is also in a low squeeze with no room for further contraction. The 12-hour level is also in a low squeeze. Based on the rhythm, the next K-line should move towards an extreme squeeze. Expanding to the 3-day chart, it is also in an extreme squeeze situation. Multiple timeframes are showing this highly compressed pattern, indicating that the market is accumulating energy. Once the breakout direction is confirmed, there could be significant volatility.