The pullback of Ethereum is actually easy to understand; it is a standard divergence between volume and price.

Last week's weekly trading volume increased, but the price rose very little, indicating that efforts did not yield results, which represents that demand is still very strong, and new supply has appeared at this position.

Currently, the market sentiment for Ethereum is superior to that of Bitcoin in various aspects, and it remains to be seen when this new supply will be fully consumed.

Lastly, I want to emphasize one point: if you think Bitcoin may have peaked, I do not share that view; in terms of the larger trend, I still look at 130k, and as for Ethereum, I do not believe the highest point has been reached.

It has not yet reached the point of peak escape; trading reflects not only human sentiment but also reality. $BTC $ETH #加密市场回调