$ETH price probes: the Bollinger middle band is under pressure and falls back; bullish momentum couldn't continue. On the 4-hour timeframe, the Bollinger Band’s three lines tighten and the volatility is entering a consolidation and build-up phase.

Only if price can effectively hold above the middle band will the upside space be fully opened. If price keeps getting suppressed around the middle band, the market is likely to enter a sideways range-bound consolidation, and may even see further pullbacks.
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