ETH is quite interesting. Recently, it has been rising on Saturdays and Sundays in US time, even though the listed companies are not working. The price of the coin rises during this time, and everyone expects that Wall Street will buy on Monday when they return to work. However, for two consecutive Mondays, the market has been weak. So who is buying on Saturdays and Sundays?

Currently, ETH is at a super strong resistance level. Yesterday, there was a false breakthrough with a shrinking volume, and today it was slammed back down with increased volume, indicating that demand at this position is far below supply. There are still over 600,000 ETH waiting to be released. The false breakthrough has been pushed back, and it is highly likely that we will see a phase adjustment ahead. It is recommended not to be too aggressive. If it returns to the 3300-3400 range, it may be worth considering participating again.