Coinbase analyst: Overall market interest in allocating ETH remains relatively limited

According to Foresight News, Coinbase analyst David Duong tweeted that the statement he wrote on Thursday night still applies: "The rise of ETH is mainly driven by technical factors, reflecting a large number of erroneous market positions, short covering, and subsequent re opening behavior, as the price of ETH is catching up with similar assets such as BTC and SOL. Nevertheless, we believe that the overall market interest in allocating ETH is still relatively limited