I've seen many people shouting that ETH has been sitting at 3080 for so long, and with the weekend coming, there should be some market movement, right?

To be honest, this kind of thinking is more painful than directly chasing a high and getting trapped. It's purely wishful thinking from retail investors.

Take a look at the funding rate data, and then check the 24-hour trading volume, which barely exceeds 10 billion—what does this indicate? The main players have no urgent desire to manipulate the market. Instead of hiding and trying to bottom fish, it’s more likely that they are relaxing somewhere and not bothering to lift retail investors.

The 3080 level looks like a support, but in reality? It’s a shallow trap carefully set by the bears. The current sideways consolidation isn’t about stopping the decline or stabilizing; it’s the bulls sharpening their knives in an orderly manner. When the market opens on Monday, that’s when the bottom-fishers are most likely to get caught—an accurate sharp drop, and retail investors’ chips will be precisely harvested.

Remember this: in the crypto world, holding no position isn’t cowardice; it’s rationality after seeing through the situation. Don’t use real money to catch the main players’ knives, or you’ll end up alone on the mountain slope, enduring the wind.