Some try to find out what this means. It doesn't matter what it means or what's going in there.
There are only three directions: UP, DOWN or SIDEWAYS.
What do you do here? Difficult to say, because price can suddenly break out north or south. Whipsaws are quite possible too.
When in doubt stay out, and wait for a clear trend to establish itself. Alternatively if you have cash to burn take a stoploss long or short (at your own risk).
We shall have to wait and see - but this is one to stalk.