Ethereum is showing a fascinating pattern right now across multiple timeframes. The 1-hour, 2-hour, and 4-hour Bollinger Bands are all compressed into extreme squeeze territory. This is the kind of setup traders watch closely—when volatility contracts this tightly, it typically signals an imminent breakout is building. The bands are so narrow across these key intervals that a significant move could be coming soon. ETH bulls and bears are essentially holding their breath, waiting to see which direction the price action breaks. Keep an eye on these charts if you're monitoring Ethereum's short-term momentum.