Consolidation is not the end, but the calm before the storm!

Brothers and sisters, look over here～$ETH was stuck in the range of 3610-3640 yesterday, repeatedly grinding in the box. Look at the three "consolidation" marked in the chart, but don't underestimate this calm surface! Three major events are quietly influencing the market:

1. Crude oil inventories plummeted by 3.02 million barrels, far exceeding expectations.

Last night, the EIA data directly blew up the scene, and oil prices soared! You should know that commodities and cryptocurrencies are good friends, and ETH also rose slightly～

2. Trump imposed a 25% tariff on India.

This move will take effect in 21 days and has already caused a short-term spike in oil prices. But be careful! The main players might run away early～

3. The Federal Reserve may want to "fill their own people."

The Trump team is pushing for temporary board appointments, which is like "sandbagging" the Federal Reserve, potentially benefiting risk assets in the long term!

From a technical perspective:

The Bollinger Bands are narrowing, and the purple channel is getting tighter.

MACD shows signs of a golden cross.

OBV indicates that funds are secretly accumulating.

The key points are here! Pay close attention tonight:

1. 20:30 U.S. unemployment claims

2. 22:00 U.S. June wholesale sales month-on-month and Federal Reserve's Bostic's online discussion about monetary policy

3. 22:30 EIA natural gas inventory for the week of August 1 will be released

4. 23:00 U.S. July New York Fed 1-year inflation expectations

The longer it consolidates, the more explosive it will be! 关注大圣, taking you to catch the market in real-time～#ETH巨鲸增持