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Ethereum retakes the $3000 mark, and against the backdrop of a strong overall market, the trading price reaches $3121. Trader Michael van de Poppe pointed out that Ethereum's price movement structure is healthy, remaining above the 21-day moving average. However, data from CryptoQuant shows that the Coinbase premium gap has turned negative, indicating weak demand from US institutions and raising doubts about whether Ethereum can continue to break through key resistance levels. Additionally, BitMine increased its holdings by 57,600 ETH, bringing its total Ethereum holdings to 965,792 ETH, worth approximately $2.97 billion.