Narrow fluctuations are the calm before the storm, 4100 points are the life and death line of the long and short battle!

Market Overview:

The ETH 1-hour chart shows that the price is fluctuating narrowly in the range of 4170-4186, with an amplitude of only 0.24%, and the market sentiment is cautious. The Bollinger Bands are narrowing (upper band 4294, lower band 4047), and the MACD yellow and white lines are hovering below the zero axis, with trading volume shrinking to 39,000 coins (5-day average volume 148,000), a typical "shrinking volume fluctuation" market.

Impact from News:

Taiwan's external sales orders year-on-year 24.6%: Asian funds are active, and ETH/New Taiwan Dollar trading volume has surged recently.

U.S. EIA crude oil inventories increased by 3.03 million barrels: fluctuations in the commodity market may transmit to the cryptocurrency sector.

Eurozone CPI stabilizes at 2%: ECB dovish expectations are heating up, with some funds shifting to ETH staking.

Block Key's Viewpoint:

The current market is like "boiling a frog in warm water"; it seems calm but is actually turbulent underneath. 4100 is a key psychological level; a break below may trigger panic selling, while holding above 4200 may open up a new round of rebound. Remember: in a shrinking volume market, patience is more important than action!

The market is brewing a trend change; will you choose to wait and see or take action? Follow Block Key, and in the next issue, we'll reveal the funding trends behind ETH! #杰克逊霍尔会议