Wait, did everyone just stop trading Ethereum all of a sudden?

$ETH ‌ is looking incredibly flat after that rejection at 3,017. It’s like the price is just glued to this 2,976 level right now.
If you look at the 1h chart, the candles are getting smaller and smaller. This usually means a big move is cooking, but the volume is just trickling in.
We’ve got clear support sitting down at 2,924 if this sideways chop breaks to the downside. On the flip side, we need to reclaim 3k and actually hold it to see any real bullish continuation.
I’m keeping my hands off this until we see a definitive breakout from this tight range. Boredom is usually where most traders lose their money by forcing entries.

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