Ethereum looks primed for a significant breakout soon—probably within the next 1-2 weeks. Here's why: across multiple timeframes (12-hour, daily, 2-day, 3-day), the Bollinger Bands are squeezed to extreme levels. The compression on the 2-day chart is particularly tight. We haven't seen it this compressed since June 2025, and it's actually slightly tighter than what we saw back in September. When the bands are this squeezed, price action tends to stay range-bound until suddenly it doesn't. The setup is classic: low volatility precedes high volatility. The direction isn't clear yet, but the magnitude of the move could be significant once the squeeze releases.