I have been having that seem feeling. It has been trading between what seems like $225 and $232 since the recovery from the beak induced by Parity wallet raid.
RE: Ethereum TA discussion: Bollinger bands tightening! Due for a breakout (or break-down)?
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Ethereum TA discussion: Bollinger bands tightening! Due for a breakout (or break-down)?
Yup, and they started to then go tighter on 6h b-bands too .....but then kaboom; Unfortunately, the direction was down!
Not sure if it can be completely attributed bitcoin either...I am thinking the high inflation could be a sigificant factor - The current price needs a lot money from buyers to maintain it, and I think it's fair say the hype has possibly died down quite a bit.
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