"The darkness before dawn is the hardest to endure. Whether this bowl of half-cooked ETH is stewed into braised pork or boiled into mush depends on whether the main force dares to overturn the table!"

Brothers, keep an eye on this 1-hour chart. ETH currently looks like it's being grilled on a barbecue rack—4575 is a delicate position! Above, the 'peak' at 4800 is pressing down with three heavy mountains, and the upper Bollinger band has been pushed down to 4796. The MACD bars are fluctuating wildly between red and green, clearly indicating that big funds are playing psychological warfare.

The deadly thing is the market's hidden secrets: The $1 range between 4575-4576 is crammed with orders at the level of 3 layers of armored vehicles; the +0.65% advantage in the order book isn't even enough to fill a gap. The main order area is like competing for discounted eggs at a market, with both bullish and bearish forces brandishing machine guns at the mouth of the alley at 4575. Charging in at this time is purely a way to send transaction fees to the exchange!

I, Old Bull, will say this: Don't look at the price today, look at the volume! The Bollinger bands have tightened to the point of a belt (upper band 4796, lower band 4432, with a channel width of less than 8%). This suffocating oscillation can only last for another 12 hours at most. But to break the deadlock, we need to watch for two signals:

4600 this ghost gate: We need three consecutive 1-hour bullish candles with volume to stabilize, preferably a single candle exceeding $50,000 in volume; otherwise, it's all just nonsense!

4550 life-and-death line: The order volume at this position is 30% higher than at 4560. If it breaks this position, we must be alert for a series of liquidations. If it drops to 4432 within 45 minutes, I wouldn't be surprised.#美国7月PPI年率高于预期 #Ethereum

Tonight will reveal the truth: Is the dog fund using 4600's corpse to pave the way, or is the shorts blowing 4550 into a mass grave? Pay attention, Old Bull will guide you to cut the fund's meat with candlesticks! Remember: In a volatile market, those who survive are the vultures waiting for others to gasp their last breath before they swoop in!