Ethereum's weekly chart just went through one of those serious momentum cleanouts we haven't seen since early 2024. MACD's totally compressed, the histogram is flatlining, and guess what—seller pressure is finally easing right at the zone where ETH has built its bases before. When weekly momentum tightens up this much, you know something's brewing. The next directional move could be pretty significant.
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TxFailed
· 12-19 00:14
ngl the macd compression thing always gets me—seen this movie before and it never ends well. technically speaking, that flat histogram is basically crypto's version of holding your breath right before getting rekt. in retrospect, these "something's brewing" moments are just expensive lessons wrapped in technical analysis. learned this the hard way watching three liquidations unfold.
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SchrodingerWallet
· 12-17 07:55
Whoa, the MACD is compressed into a line, this is the calm before the storm.
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GhostInTheChain
· 12-17 07:53
The weekly chart is being pressed down so tightly, it feels like a big move is being held back.
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ZenMiner
· 12-17 07:52
Damn, this kind of MACD compression is actually pretty interesting, it feels like it's about to explode.
Ethereum's weekly chart just went through one of those serious momentum cleanouts we haven't seen since early 2024. MACD's totally compressed, the histogram is flatlining, and guess what—seller pressure is finally easing right at the zone where ETH has built its bases before. When weekly momentum tightens up this much, you know something's brewing. The next directional move could be pretty significant.