In the past two days, a large investor bought 5,000 Ethereum, showing confidence in Ethereum. Meanwhile, exchange Binance will support Enjin Coin's network upgrade, which may drive market activity. However, Ethereum's early consultants sued the law firm for $100 million in a drug case, which will have a certain impact on market sentiment. In addition, the sale of 3,800 ETH from Vitalik Buterin's multi-signature wallet shows that the liquidity preference of mainstream holders has increased. The over-the-counter price of Fractal Bitcoin tokens remained stable at $13, showing that the currency is still sought after among certain investors. Although Farcaster's daily active users fell sharply by 40%, reflecting the weakening of user participation, according to Greeks.live's analysis, the market is currently in an oversold state. In particular, the fear and greed index fell to 26, showing that market sentiment is relatively pessimistic. Overall, the market demand for Ethereum has increased in the short term, but the overall sentiment is negative, and investors need to remain cautious. The current cryptocurrency market shows a desire for new opportunities in volatility, but potential risk factors still need to be paid attention to.