ETH Technical Overview: The 1-hour, 2-hour, 4-hour, and 6-hour charts have all reached extreme Bollinger Band compression. Interestingly, the last time the 4-hour and 6-hour charts experienced such extreme compression was on September 9th, during that wave, after which the price surged directly to $4700.

The 12-hour and daily charts are currently in a low compression state, with the 12-hour chart likely to compress to an extreme level within the next 1-2 candles.

The 2-day and 3-day charts have not yet reached extreme compression, but the overall pattern warrants continued observation. Historically, such compression often signals imminent significant directional volatility.