2025-12-10 02:27:06

ETH's 2-day chart just crossed above the middle Bollinger Band—first time we've seen this since late October. Plus there's a BB squeeze forming. Keep in mind the candle won't close until tomorrow, so things could shift before that happens.

Meanwhile, the 3-day timeframe is testing that mid BB level as resistance, also showing a squeeze building up. But we've still got 2 days before that candle actually prints, so plenty of room for movement either direction.

ETH-0.48%

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MEVSandwichVictim

· 12-12 13:50

Haha, it's the Bollinger Bands story again. Could this breakdown be a false breakout? --- Convergence is convergence. Whether it can rise or not is the real key. --- Wait, only two days to close? Maybe I shouldn't rush to bet yet; this move might just be a fake-out. --- First time since the end of October? Sounds good, but can it hold up? --- The 3-day moving average is still testing? That means it hasn't been confirmed yet. This trick is old. --- Stop, wait until the close before making a decision. Don't be fooled by the candlestick. --- Resistance levels and breakout points... pulling back repeatedly. I bet this is a trap.

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SandwichHunter

· 12-10 05:07

I'm dizzy again, let's talk after the game closes

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StakeOrRegret

· 12-10 02:54

The middle track breaks through and converges, this routine is old, let's talk about it when it closes

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GasFeeVictim

· 12-10 02:49

Break through the middle band? Are you guys drawing lines again... Let's wait until the close. Wait, is this convergence preparing for some big move? The Bollinger Bands are both converging and breaking out, this market has me totally confused. I bet there will be a twist tomorrow, contrarian trading is the real way to go. Don’t just look at the 2-day, the 3-day is also gearing up to move. It's the same old Bollinger Band theory, so why am I still in the red? This convergence... is it the calm before a big pump, or the eerie silence before the scythe comes? Just a couple days of swinging and everything could change, this market really is surreal. What's the point of breaking the middle band if we still have to wait for the actual close... Sounds like it's about to take off, but I've been fooled countless times before.

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ForkThisDAO

· 12-10 02:43

No way, is it Bollinger Bands convergence again... Every time they say there’s something happening, but then it goes right back. --- A mid-band breakout sounds tempting, but the candle hasn’t closed yet, don’t rush in. --- Hold on, I’ll laugh if this turns out to be a fake breakout. --- I’ve heard enough about accumulation and convergence; the key is how the coin price actually moves. --- First time since late October? What does that mean, the market’s about to take off? --- Two days is enough for three reversals lol --- Bollinger Bands are just a reference, don’t treat them like the Bible. --- I just want to know if it’s going to dump again after the breakout. --- Convergence = about to explode? Or just consolidation? Who can say for sure? --- Until the candlestick closes, it’s all just noise. I’ll just wait and watch tomorrow.

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