Why do you think it is "Friday"?
Users and even the company themselves make posts such as "Tuesday 3pm will be the start time of the event". I then have to check and discover "oh, what they mean is actually Wednesday 6am, better set my alarm early ofif I want to be involved or see what's happening".
Stack Exchange has a global userbase. There are significant enough portions from across the width of the timezone domain that, unusually for a USA-based computercompany, they use a UTC-based timing system (which I can check by comparing the system-recorded time of a post to what my clock said, and finding it is exactly $offset hours different.
This is why you see a three-day consecutive drop, with a four-day consecutive higher region. The "weekend" is not perfectly aligned around the world. It is "the weekend" somewhere in the world for a full 74 hours - not just the 48 that most would say is the length of two days.