The action's about to pick up. Notice the compression pattern forming on the ETH/BTC chart right now—price is squeezing between key support and resistance levels. Since it's trading above the 21-day moving average, the technical setup looks primed for an upside breakout. Watch for volume confirmation when that resistance breaks.
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FastLeaver
· 11h ago
The compressed triangle is back again, each time claiming it will explode, but as for the result... The 21-day moving average support is pretty good, but I'm a bit skeptical about the trading volume.
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AlgoAlchemist
· 11h ago
Compressing and consolidating this pattern is quite common; the key still depends on how the trading volume cooperates... The 21st above the line indeed looks comfortable, but I'm worried about false breakouts being deceptive.
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BlockchainFoodie
· 11h ago
ngl this compression reminds me of a perfectly seared scallop—trapped between heat, about to release all its umami potential. volume confirmation is basically the proof-of-freshness we need before trusting this breakout, not just vibes
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ContractSurrender
· 11h ago
The old trick of compressing ranges is back again. Every time they say it will break out, but what happens? Still the same old story. Let's wait and see if it can really break free.
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GasFeeCrier
· 11h ago
Pushed to the limit, just waiting for that moment. I bet on a breakout.
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MEVEye
· 11h ago
The compression is about to break, waiting to see who will break first...
The action's about to pick up. Notice the compression pattern forming on the ETH/BTC chart right now—price is squeezing between key support and resistance levels. Since it's trading above the 21-day moving average, the technical setup looks primed for an upside breakout. Watch for volume confirmation when that resistance breaks.