币界网报道:[Matrixport: Ethereum's current price is mainly driven by futures positions, and downward pressure remains high] According to a report from Bijie.com, Matrixport released a daily chart analysis saying that although Bitcoin has tried to rebound, seasonal patterns (refer to our daily chart on June 2) indicate that a sustained breakthrough is unlikely to occur. For this rise to remain technically valid, Bitcoin needs to remain above $105,000. However, the bigger concern lies with Ethereum, as we described in our report on June 11, leveraged traders have pushed up prices without fundamental support. We still believe that Ethereum's current price is mainly driven by futures positions, which makes it vulnerable to further declines. This position risk helps explain the extraordinary decline in Ethereum over the past few days. Given that leverage remains high, further downward price pressure remains huge.