About Ethereum:

After the surge, most of the short liquidity above the new high was cleared, leading to insufficient upward fuel in the short term;

However, the shorts did not back down, as liquidity was re-accumulated in the 5000+ region overnight, equivalent to fuel piling up again here.

From this perspective, the momentum for a weekend rally is hard to sustain, but the possibility of touching the 5000 points next week is continuously rising.