Ethereum's been hovering right around that daily 200-period moving average zone. The chart setup looks pretty tight though—lot of consolidation packed into a narrow range. Given how compressed things are, I'd expect something's gotta give here soon. Directional move could be incoming.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
CryptoMotivator
· 01-10 21:04
Bro, this compression looks really uncomfortable; you’ll have to make a move sooner or later.
View OriginalReply0
PhantomMiner
· 01-10 21:00
200-day moving average confrontation, this compression feeling... will explode sooner or later
View OriginalReply0
Rekt_Recovery
· 01-10 20:59
ngl this compression is giving me flashbacks to my last liquidation tbh... the market always does this right before it absolutely rips your face off lol. position sizing this time tho, learned that lesson the hard way
Reply0
MissedAirdropBro
· 01-10 20:58
The 200 moving average is right there, and this wave will definitely require choosing a side. Just wait and see.
View OriginalReply0
TokenEconomist
· 01-10 20:58
actually, the real question isn't *when* it breaks—it's which way. classic bollinger squeeze scenario, ceteris paribus the liquidation cascade determines direction here
Reply0
ContractFreelancer
· 01-10 20:36
The 200 moving average indeed acts as a strong resistance, but I've seen many stagnation situations like this. It will break sooner or later.
Ethereum's been hovering right around that daily 200-period moving average zone. The chart setup looks pretty tight though—lot of consolidation packed into a narrow range. Given how compressed things are, I'd expect something's gotta give here soon. Directional move could be incoming.