Ethereum’s 4-hour Bollinger Bands are gradually narrowing, trading volume has continued to shrink in the early session of the day, and market volatility keeps compressing.

1930 is the key short-term long/short strength watershed for this day: if the price holds above this level, the short-term rebound structure can likely continue; if it effectively breaks down below, the market is likely to enter a deeper pullback phase to build up momentum.

The current market lacks incremental capital to drive it higher; without volume, it’s hard to break through the key resistance overhead, and the risk of blindly chasing a rally at high levels is significant. $ETH ‌#夏日创作营