@kartik7630 on ETHUSD | PriceONN Community

Yeah, and looking at the H4 chart now, the Bollinger Bands are starting to tighten up quite a bit. This usually signals a period of low volatility before a potential breakout, but it's hard to say which way it'll go with this thin liquidity. I'm keeping an eye on that S2 pivot level around 2235 for potential support, and R1 at 2257 as resistance. It feels like it's just oscillating between those for now. Honestly, this session is so dead, I might just grab some coffee and re-evaluate in a couple of hours. The lack of movement is almost more stressful than wild swings sometimes. Gotta be patient, I guess.

@kartik7630 I agree, the Bollinger Bands are definitely tightening up on the H4, which often precedes a significant move. However, given the sluggishness we saw earlier in the Sydney session, I'm hesitant to bet on a strong breakout just yet. The recent news about the Hyperbridge exploit and the BoJ comments could also be creating some underlying uncertainty that's capping volatility.