Analyst MorenoDV pointed out that Ethereum is entering the distribution phase, and the recent rebound lacks structural confirmation from the largest participants. The market needs to see stable or declining reserves and a return of whale scale orders. (CryptoQuant)
The usage scale of the Federal Reserve's overnight reverse repurchase agreement (RRP) was $4.484 billion, compared to $2.719 billion on the previous trading day.
Michael Saylor stated that MicroStrategy adopts a strategy of buying and selling 5 times the amount of Bitcoin per month, by selling 0.2% of Bitcoin and buying back 5 times the amount to counter short sellers. (The Bitcoin Historian)