The analysis makes sense. After breaking 5000, it may pull all the way up to around 5300.

The recent surge of ETH looks strong, but it has quietly cleared previous resistance. After hitting a new high, there are basically no shorts left at the high, and there is not enough momentum to rise in the short term, so it is likely to fluctuate and adjust this weekend.

There are now many people placing short orders near 5000, which is equivalent to leaving a new target for the future market.

Therefore, ETH will not rise this weekend and will have to digest the money earned from this surge. It will likely fluctuate between 4650-4900, and may even fall slightly to test support.

Next week, there will be enough shorts above 5000, so the main force can 'harvest' whenever they want. Plus, after accumulating enough strength from the weekend's volatility, the probability of touching 5000 will become higher and higher. Once it breaks through with volume, the space behind it will open up.